Trident Food Corporation Trident Food Corporation generated the following income statement for the most recent fiscal year, which ended December 31, 2010: Sales revenues $150,000 Variable cost of sales (112,500) Gross profit 37,500 Fixed operating costs (24,000) Net operating income (EBIT) 13,500 Interest (10,000) Earnings before taxes 3,500 Taxes (40%) (1,400) Net income 2,100 Each item of inventory Trident Foods produces has a selling price of $20. Refer to Trident Food Corporation. What is the degree of total leverage for Trident Foods? Question 12 options: a) 42.86 b) 10.71 c) 71.43 d) 17.86 e) 6.43