Richard Miller, sales manager, and Maria Wilson, controller, at Current Designs are beginning to analyze the cost considerations for one of the composite models of the kayak division. They have provided the following production and operational costs necessary to produce one composite kayak. Richard and Maria have asked you to provide a cost-volume-profit analysis, to help them finalize the budget projections for the upcoming year. Richard has informed you that the selling price of the composite kayak will be $1,840. Based on the most recent sales forecast, Current Designs plans to sell 1,000 units of this model. Calculate the margin of safety and the margin of safety ratio. (Round percentage to 1 decimal place, 25.5\%.) Margin of safety Margin of safety ratio %