Wildhorse manufactures swivel seats for customized vans. It currently manufactures 22.400 seats per year, which it sells for $700 per seat. It incurs variable costs of $420 per seat and fixed costs of $4,950,400. It is considering automating the upholstery process, which is now largely manual, it estimates that it it does this, its fixed costs will be $5 million and its variable costs will drop to $314 per seat Calculate the contribution margin ratio, break-even point in dollars, margin of safety ratio, and degree of operating leverage assuming the company implements the new upholstery system. (Round degree of operating leverage to 3 decimal places, eg. 2.750, round contribution margin and margin of safety ratio to 2 decimal places, eg. 5.20% and break-even point to decimal places, eg. 5,275) % Contribution margin ratio Break-even point Margin of safety ratio % Degree of operating leverage