Straight Arrow Company manufactures golf balls. The following income statement information is relevant for Straight Arrow in 2016:

7 Straight Arrow Company manufactures golf balls . The following income statement information is relevant for Straight Arrow in 2016 Selling price per sleeve of balls ( P ) $500 Variable cost of goods sold as a percentage of price (V ) 75% Fixed operating costs ( F ) $50 000 Interest expense ( !) $10 090 Preferred dividends Dos 50.00 Marginal tax rate ( I ) 40% Number of common shares 20.090 a . What level of sales does Straight Arrow need to achieve in 2016 to break even with respect to operating income ? b . At its breakeven point , what will be Straight Arrow's EPS ? C . If Straight Arrow expects its sales to reach $300900 in 2016 , what is its degree of operating leverage , its degree of financial leverage , and its degree of total combined ) leverage ? Based on the degree of total leverage , compute he EPS you would expect in 2016 if sales actually turn out to be $270900