Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Mount Sales Sales 3: 145,608 109% Variable expenses 53,860 40% Contribution margin 87,306 56% Fixed expenses 13,660 Net operating income $ 69,860 | 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 29% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 29% increase in unit sales. Complete this queson by entering wur answers in the tabs below. Required 1 Required 2 Required 3 what is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Required 1 Required 2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 29% increase in unit sales. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34).) Net operating income by %Construct a new contribution format income statement for the company assuming a 29% increase in unit sales