B Engberg Company installs lawn sod in nome yards. The company's most recent monthly contribution format income statement Sales Variable expenses Contribution margin Amount $ 128,000 Percent of Sales 100% 51,200 40% 76,800 60 23,000 Net operating income $ 53,800 38:08 Required: Fixed expenses 1. What is the company's degree of operating leverage? ok 2. Using the degree of operating leverage, estimate the impact on net operating income of a 27% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 27% increase in unit sales. Complete this question by entering your answers in the tabs below. 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 Required 1 Required 2 >