Assistance on requirement 1, 2 & 3.

Exercise 6-9 (Algo) Compute and Use the Degree of Operating Leverage (LO6-8] Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Yixed expenses Het operating income Amount $ 121,000 43,400 72,600 22,000 550.600 Percent of Sales 1000 40 GON 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 18% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 18% increase in unit sales, Required 1 Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Using the degree of operating leverage, estimate the impact on net operating income of a 18% increase in unit sales. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (.e.1234 should be entered as 12.34):) Net operating income by % Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 18% increase in unit sales, Engberg Company Contribution Income Statement Amount Percent of Sales es % % 01% 0 $ 0