Check my work 5 Percent Amount of Sales Sales $ 137, 000 100% Variable expenses 54, 800 40 Contribution margin 82, 200 60% 0.14 points Fixed expenses 24, 000 Net operating income $ 58, 200 eBook Required: Hint 1. What is the company's degree of operating leverage? Print 2. Using the degree of operating leverage, estimate the impact on net operating income of a 30% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 30% increase in unit sales. References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 30% increase in unit sales. Engberg CompanyComplete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 30% increase in unit sales. Engberg Company Contribution Income Statement Amount Percent of Sales Sales $ 141, 110 100 % 40 % Contribution margin 141,110 60 % Fixed expenses 24,000 Net operating income $ 117 110