The following "GAAP-based" income statement is provided for Vargas, Inc. Sales revenue (3,100 units * $20.60 per unit) Cost of goods sold (variable; 3,100 units x $10.60 per unit) Cost of goods sold (fixed) Gross margin Administrative salaries Depreciation Supplies (3,100 units * $2.60 per unit) Net income $ 63,860 (32,860) (4,600) 26,400 (6,600) (5,600) (8,060) $ 6,140 Considering a "Contribution Margin" formatted income statement, what is this company's magnitude of operating leverage? (Round your answer to 2 decimal places.) Multiple Choice O 4.30 O O 0.23 O 3.74 O 0.24