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Olongapo Sports Corporation distributes two premium golf balls--Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products follow. Product Flight Sure Dynamic Shot $ 680,000 $ 320,000 792 Total $1,000,000 Sales ON ratio Fred expenses total $574,000 per month. Required: 1. Prepare a contribution format income statement for the company as a whole. 2. What is the company's break-even point in dollar sales based on the current sales mb? 3. If sales increase by $40,000 a month, by how much would you expect the monthly net operating income to increase? Required 1 Required 2 Required 3 Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decima should be entered as 12.34).) Flight Dynamic Sure Shot Total Company Amount Amount Amount % S % % % Required 2 > Required 1 Required 2 Required 3 What is the company's break-even point in dollar sales based on the current sales mix? (Do not rounded calculations. Round your answer to the nearest whole dollar amount. Break-even point in sales Required 1 Required 2 Required 3 If sales increase by $40,000 a month, by how much would you expect the monthly net operating income to increase round intermediate calculations. Round your answer to the nearest whole dollar amount.) Not operating income increases by