The following information was drawn from the records of Calico Company Income Statement sales Revenue (25@ $680 per unit) Cost of Goods Sold: Variable (250 @ s3e0 per unit) $150,000 Fixed Gross Margin sales Commissions (250 $20) Depreciation Net Income (75,000) (8,000) 67,000 (5,000) (1,000) $ 61,000 Based on this information the magnitude of operating leverage is approximatel y (round to nearest hundredth): Required information 1.15 No 1.09 0.87