00 8 Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of 16 points Sales Amount Sales $129,000 100% Variable expenses 51,600 40% Contribution margin 77,400 60% Book Fixed expenses 24,000 Net operating income $ 53,400 Hint Ask Required: Print References 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 10% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 10% increase in unit sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Required 2 >