5 Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Sales Tees 40% 60% Amount $ 136,000 54,400 81,600 22,000 $ 59,600 Sales Variable expenses Contribution margin Fixed expenses Net operating income 0454 . ok 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 26% Increase in sales 3. Construct a new contribution format Income statement for the company assuming a 26% Increase in sales. ht Complete this question by entering your answers in the tabs below nes Required 1 Required 2 Required 3 What is the company's degree of operating leverage (Round your answer to 2 decimal places.) Door of operating leverage Required Required 2 >