Required information The Chapter 5 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. 2. Change all of the numbers in the data area of your worksheet so that it looks like this: If your formulas are correct, you should get the correct answers to the following questions. (a) Whot is the break-even in dollar soles? (b) What is the margin of safety percentage? (c) What is the degree of operating leverage? (Round your answer to 2 decimal places,) 3. Using the degree of operating leverage and wthout changing anything in your worksheet calculate the percentage change in net opetating income if unit soles increase by 20% Required information 4. Contirm your calculauons in Requirement 3 above by increasing the unit sales in your worksheet by 20 s. so that the Data area looks like this: (a) What is net operating income? (Negative amount should be indicated by a minus sign.) (b) By what percentoge oid the net operating income increase? 5. Thad Morgan, a motorcycle enthusiast, has been exploning the possiblity of relaunching the Western Hombre brand of cycle that was popular in the 1930 . The retro-look cycle would be sold for $10,000 and at that price. Thad estimates 600 units would be said each yeac. The variable cost to produce and sell the cycles would be $7,500 per unit The annual fxed cost would be $125,000 a. What is the break-even in unit sales? b. What is the margin of safety in dollars? c. What is the degree of operoting leverage? (Round your answer to 2 decimal places.) c. Whot is the degree of operating leverage? (Round your answer to 2 decimal places.) Thad is worried about the selling price. Rumors are circulating that other fetro brands of cycles may be revived if so, the selling price for the Western Hombre would have to be reduced to $8,000 to compete effectively. In that event. Thad would also reduce fixed expenses to $889,000 by reducing advertising expenses, but he still hopes to sell 600 units per year d. What would the net operating income be in this situation? (Negative amount should be indicated by a minus sign.)