4 Return to question Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: 2 Percent of Sales 100% sex Sales Variable expenses Contribution margin Fixed expenses Net operating income mount $ 144,000 57,600 35,400 12,800 $ 69,400 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 18% increase in sales 3. Construct a new contribution format income statement for the company assuming a 18% increase in sales Answer is not complete. Required 1 Required 2 Reeds 2 Construct a new contribution format income statement for the company asuming a 1 mese in sales Percento Engheru Company Contribution Income Statement Arount Sales Variable expenses Contribution margin 0 Fedexpenses 0 Net operating income 0 MC