MM Inc.furnished the following information related to their premier product Total Sales(Units) 3,200 Selling Price Per Unit $160.00 Variable Cost Per Unit $70.40 Fixed Expenses $225,000 You arerequired to calculate a.Contribution Margin Ratio 1Mark) b.Break Even Point in Number of Units 1Mark) c.Sales(in $ amount)to achieve a target profit of $150,000 (1Mark) d.Operatingleverage 1Mark) e.If the sales increase by20%,what will be the change(in %) in net income of the company. 1Mark)