Wayne Enterprises has the following modified income statement ($000) at 100,000 units of production.

Revenue $16,000

Variable Cost 6,100

Fixed Cost 8600

EBIT $1,300

Interest(@10%) 500

EBT $800

Tax (@40%) 320

EAT $480

Number of shares 20,000

(A) What are Wayne Enterprise's contribution margin and dollar breakeven point? Enter your contribution margin answer in decimals and not in percentage. Enter your break-even sales answer in whole dollars, without "$". For example, an answer of $1 thousand should be entered as 1000, not 1. Do not round intermediate calculations.

C_M(to two decimal places)

S_B/E(to the nearest dollar)

(B) Calculate Wayne Enterprise's current DFL, DOL, and DTL. Round the answers to two decimal places. Do not round intermediate calculations.

DFL

DOL

DTL

(C) Calculate the current EPS and estimate what it would become if sales declined by 25%. Use the DTL first and then recalculate the modified income statement. (Assume a negative EBT generates a negative tax.) Round your answers to two decimal places. Use a minus sign to indicate a negative answer and do not include "$". Do not round intermediate calculations.

EPS (using DTL)

EPS (using modified income statement)