Help Save & Exit Submit Check my work Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: points Percent of Sales 1008 Skipped 408 Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 126,000 50,400 75,600 25,000 $ 50,600 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 25% increase in sales. 3. Construct a new contribution format income statement for the company assuming a 25% increase in sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 25% increase in sales UIU PUN National... P Course Home My TurboTax Logi... Welcome to Bristol... 50 Saved Help Save & Exit Submit Check my work Required 1 Required 2 Required 3 Construct a new contribution format Income statement for the company assuming a 25% increase in sales. Engberg Company Contribution Income Statement Amount Percent of Sales Required 2