please see boxes with red triangles in the upper right corner, please correct and show how? and assist with the final blank operating leverage factor.

Homework: Chapter 7 Homework Save Score: 4.51 of 8 pts 3 of 3 (3 complete) HW Score: 74.97%, 11.25 of 15 pts % P7-63A (similar to) Question Help College Rock Calendars imprints calendars with college names. The company has fixed expenses of $1,095,000 each month plus variable expenses of $6.50 per carton of calendars. Of the variable expense, 69% is cost of goods sold, while the remaining 31% relates to variable operating expenses. The company sells each carton of calendars for $16.50 Read the requirements Requirement 3. Prepare the company's contribution margin income statement for June for sales of 455,000 cartons of calendars. $ 7,507,500 College Rock Contribution Margin Income Statement Month Ended June 30 Sales revenue Variable expenses: Cost of goods sold $ 2,040,675 Operating expenses 916,825 Contribution margin 2,957,500 4,550,000 1,095,000 Fixed expenses Operating income $ 3,455,000 Requirement 4. What is June's margin of safety in dollars)? What is the operating leverage factor at this level of sales? Begin by determining the formula. Sales revenue Sales revenue at breakeven = Margin of safety (in dollars) The margin of safety is $ 5.700.750 What is the operating leverage factor at this level of sales? Begin by determining the formula. Contribution margin Operating income Operating leverage factor (Round the operating leverage factor to three decimal places.) The operating leverage factor is Enter any number in the edit fields and then click Check