Question: i need help finding the net imcome for part C Problem: Module 5 Textbook Problem 6 Learning Objectives: - 5-5 Prepare an income statement using

i need help finding the net imcome for part "C"  i need help finding the net imcome for part "C" Problem:
Module 5 Textbook Problem 6 Learning Objectives: - 5-5 Prepare an income
statement using the contribution margin approach - 5-6 Colculate the magnitude of

Problem: Module 5 Textbook Problem 6 Learning Objectives: - 5-5 Prepare an income statement using the contribution margin approach - 5-6 Colculate the magnitude of operating leveroge The following income statement was drawn from the records of Solomon, a merchandising firm: Required 0. Roconstruct the income statement using the contribution margin format. b. Cilculate the magnitude of operating leverage. c. Usu the measire of operating lewerage fo determine the omount of net income Solomon will earn if sales increase by 20 percent Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reconstruct the income statement using the contribution margin format. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Calculate the magnitude of operating leverage, Use the measurt of operating leverage to determine the amount of net income Solomon will earn if sales increase by 20 percent. (Round your intermediate calculations and "Operating leverage" anuprer to decimal places, Round the "Net income' value to nearest whole dollar.)

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