Tom Auto Imports is a regional auto dealership that specializes in selling high-end imported luxury automobiles. Tom sells both new and pre-owned (used) cars. Financial data for the most recent year of operations are as follows: Revenue Variable costs Contribution margin Fixed costs Profit before taxes New Cars $1,500,000 ($750,000) $750,000 Used Cars $500,000 ($200,000) $300,000 Total $2,000,000 ($950,000) $1,050,000 ($840,000) $210,000 The budgeted after-tax profit for Tom for the next year $241,500 The income tax rate for Tom Auto Imports 20% Required: (Round all final answers (Not intermediate numbers) to two digits) a) Assuming the sales mix remains constant, what is Tom Auto's breakeven revenue? At the breakeven point, what is the revenue from new and used cars? b) What is the revenue required for Tom to achive the after-tax budgeted profit for the next year? c) Calculate the Safety margin (in percentageof operating level) for last year. d) Calculate Tom Auto's Operating leverage for the last year. Use the form of operating leverage that would help you to estimate the percentage change in net income as a fucntion of percentage change in sales revenue. e) Use the operating leverage calculated in part (d) above to predict the % change in Nl if revenue changes by 7%