Berg Dry Cleaners has determined the following about its costs Total variable expenses are $42,000 total fed expenses are $32,000, and the sales revenue needed to break even is $40,000 Determine the company's current 1) sales revenue and 2) operating income. (Hint First find the contribution margin ratio then prepare the contribution margin income statement View 3 Use the contribution margin income statoment and the shortcut contribution margin approaches to determine Berg's current (1) sales revenue and (2) operating income. Begin by computing the contribution margin ratio (Enter the result as a whole number The contribution margin ratios Prepare the contribution margin income statement at the calculated sales tovel Berg Drycleaners Contribution Margin Income Statement Sales revenue Loss Vonable expenses Contribution margin Les Fixed expenses Operating income oss) 20 27