ch Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format Income statement follows: Percent or Sales 100 401 Amount $ 127,000 50.800 76,200 24,000 $ 52,200 Sales Variable expenses Contribution margin Pixed expenses Not operating income 601 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 19% increase in sales 3. Construct a new contribution format income statement for the company assuming a 19% Increase in sales. ... Li ..adan hu antering vour answers in the tabs below. What is the company's degree of operating leve Degree of operating leverage Re as 12.34):) by % Net operating income