answer all parts

Exercise 6-9 (Algo) Compute and Use the Degree of Operating Leverage (L06-8) Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 145,000 58,000 B7,000 17.000 $ 70,000 Percent of Sales 1001 405 603 Required: 1. What is the company's degree of operating leverage? 2. Using the degree of operating everage, estimate the impact on net operating income of a 17% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 17% increase in unit sales, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's degree of operating leverage? (Round vour answer to 2 decimal nlaces