111.15 Engberg Company Installs lawn sod in home yards. The company's most recent monthly contribution format income statement tollows: Percent or Amount salon Sales $ 141,000 1001 Variable expenses 56,400 40 Contribution margin 84.600 601 Fixed expenses 19.000 Net operating income $ 65,600 Sed Required: 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 12% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 12% 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 Frequired 1 Required 2 > ute impact on net operating income of a 12% increase in units contribution format income statement for the company assuming a 12% increase in unitses Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 12% Increase in unit sales. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (Le 1234 should be entered as 12.34).) Net operating income by ming your answers in the tabs below Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 12% increase in unit sales Engborg Company Contribution Income Statement Amount Percent of Sales % % %