QS $18-22($Algo$)$ Computing and analyzing operating leverage LO A$2$

Singh Company reports a contribution margin of $$940,000$ and fixed costs of $$705,000.(1)$ Compute its income. $(2)$ Compute its degree cf operating leverage. $(3)$ If sales increase by $15\%,$ what amount of income is expected?

$\backslash$table$[[1.$ Income$],[2.$ Degree of operating leverage$],[3.$ Amount of expected income if sales increase by $15\%$