Tucker Enterprises produces a single product. Following is the projected income statement for the upcoming year:

Sales ( 51,000 units @ $40 per unit)	$2,040,000
Total variable cost	774,900
Contribution margin	1,265,100
Total fixed cost	955,500
Operating income	$309,600

Compute the degree of operating leverage. Round answer to two decimal places.

Select one:

a. 2.63`

b. 3.09

c. 4.09

d. 17.33

e. 1.61