Help Save & Exit Submit 7. Check my work Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: 0.74 points Sales Variable expenses Contribution margin Fixed expenses Net operating income About $ 129,000 51.600 77,400 16,000 $ 61,400 Percent of Sales 1000 408 501 Skipped eBook 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 13% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 13% increase in unit sales Hint Prim Complete this question by entering your answers in the tabs below References Required 1 Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places Dioperating leverage Required 2 > MC GE