k M Inbox (19) mework- 59, 5-15- 40 points Help Save& Exit Subml a new fantasy board game. The company sold 50,400 games last year at a selling price of $64 Magic Realm, Inc., has developed Production of the game is entrusted to a printing contractor. Variable expenses consist mostly ar, and variable expenses are $44 per game. Required: 1-a. Prepare a contribution format income statement for the game last year 1-b. Compute the degree of operating leverage 2. Management is confident that the company can sell 64.512 g year). Given this assumption: a. What is the expected percentage increase in net operating income for next year? b. What is the expected amount of net operating income for next year? (Do not prepare an income statement use the degree of operating leverage to compute your answer) ames next year (an increase of 14,112 games, or 28% over last Complete this question by entering your answers in the tabs below. eq 1A Req 18 Req 2 Prepare a contribution format income statement for the game last year