4. Long Putt Sports Inc. is the distributor in Singapore of two premium golf ballsthe Flight Dynamic and the Sure Shot. Monthly sales and the contribution margin ratios for the two products follow (the currency in Singapore is the Singapore dollar): Sales $300,000 $500,000 $800,000 CM ratio 70 % 46 % ? ________________________________________ Fixed expenses total $327,500 per month. Required: 1. Prepare an income statement for the company as a whole. Carry computations to one decimal place. 2. Compute the break-even point for the company based on the current sales mix. 3. If total sales increase by $150,000 a month, by how much would you expect net income to increase