Exercise 6-9 Compute and Use the Degree of Operating Leverage [LO6-8] Engberg Company installs lawn sod in hom yards. The company's most recent monthly contribution format income statement follows: 214 points Percent of eBook Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 131,00 52.400 78,600 22.000 $ 56,600 Required: 1. What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 30% increase in sales. 3. Construct a new contribution format income statement for the company assuming a 30% increase in sales Complete this question by entering your answers in the tabs below