Problem 17-27 OceanGate sells external hard drives for $285 each. Its total fored costs are $34 million and its variable costs per unt are 185 The corporate tax rate is 34%. If the economy is strong, the firm will sell 2 milion drives, but if there is a recession, it will only halt as many a. What will be the percentage decline in sales of the economy enters a recession? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) Percentage decline in sales b. What will be the percentage decline in profits if the economy enters a recession? (Negative value should be indicated by a minut sign. Round your answer to 2 decimal places.) Percentage decline in profits c. Calculate the operating leverage of this firm? (Round your answer to 2 decimal places) DOL m