You are now the new CFO of a company and want to estimate your company's degree of total leverage. You have collected the following data: units produced 125,000. Variable costs $17.00 per unit .selling price is $31.50 per unit Fixed costs of $455,000. There are two bonds: a $1 million with a 5% coupon rate and $3 million with a 7% coupon. There are also 5000 shares of preferred stock with a $3.50 dividend, the company rate is 21%. What is the degree of total leverage