Engberg Company installawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent Arcus of Sales $ 16.000 100% 54.400 40% Contribution margin 60% Fed expenses 19.000 Net operating income Required: 1. Compute the companys degree of operating leverage. (Round your answer to 7 decimal places) Deputetin e 2. Using the operating leverestimate the meat on net operating income of increase in sales (Round your intermediate clation to 2 decimal place. Round your percentagem to 2 decimal places 1.1234 should be entered as 12.141) 3. Construct a new contribution format income statement for the company assuming a 14% increase in sales. Engberg Company Contribution Income Statement Total