Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: {:[" Amount "],[" Sercent of "],[" Sales "]:} Variable expenses {:[" Sa, 000 "],[1008],[34","400]:} Contribution margin 51,600 608 Fixed expenses 40,420 Net operating income $11,180 Required: 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 7% increase in unit sales. Construct a new contribution format income statement for the company assuming a 7% increase in unit sales. Complete this question by entering your answers in the tabs below. Required 1 What is the company's degree of operating leverage? Note: Round your answer to 2 decimal p