5 LO Magic Resin, Incorporated, has developed a new fantasy board game. The company sold 18.600 games lest year at a seting price of $67 per game. Fled expenses associated with the game total $279,000 per year, and variable expenses are $47 per game Production of the game is entrusted to a printing contractor. Variable expenses consist reostly of payments to this contractor Required 1. Prepare a contribution format income statement for the game last year 10. Compute the degree of operating leverage 2. Management is confident that the company can sel 23,622 games next year (an increase of 5.022 games, or 27%, over last year) Given this assumption What is the expected percentage increase in net operating income for next year? What is the expected amount of net operating income for next year? (Do not prepare an income statement une the degree of operating leverage to compute your answe Complete this question by entering your answers in the tabs below. RIA Prepare a contribution format income statement for the game last year Come Statement Total Per Uni