3 Saved Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: 2 Sales Dom Variable expenses Contribution margin Fixed expenses et operating income Required Percent of Amount Sales $140,000 56,000 100% 40 84,000 60% 25,000 $59,000 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 6% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 16% 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? Note Round your answer to 2 decimal places Help Save & E Check