A company sold 25,200 units last year at a selling price of $65 per unit. Fixed expenses total $420,000 per year, and variable expenses are $45 per unit. Required: 1-a. Prepare a contribution format income statement. 1-5. Compute the degree of operating leverage. 2. Management is confident that the company can sell 30,492 units next year (an increase of 5,292 units, or 21%, over last year). Given this assumption: a. What is the expected percentage increase in net operating income for next year? b. What is the total expected amount of net operating Income for next year? Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 2 Prepare a contribution format income statement. Magle Realm, Inc., Contribution Income Statement Total Per Unit Req 1A Req 1B Reg 2 Compute the degree of operating leverage. Degree of operating leverage