Problem 5-13 (Algo) Break-even point and degree of leverage [LO5-2, 5-5] United Snack Company sells 40-pound bags of peanuts to university dormitories for $54 a bag. The fixed costs of this operation are $589,160, while the variable costs of peanuts are $0.32 per pound. a. What is the break-even point in bags? b. Calculate the profit or loss (EBIT) on 6,000 bags and on 19,000 bags. b. Calculate the profit or loss (EBIT) on 6,000 bags and on 19,000 bags: c. What is the degree of operating leverage at 18,000 bogs and at 23,000 bags? Note: Round your answers to 2 decimal places