Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Amount Sales Sales $ 80,000 1000 Variable expenses 32,000 401 Contribution margin 48.000 601 Pixed expenses 38,000 Net operating income $ 10,000 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 5% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 5% increase in unit sales. Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to i decimal place) Degree of operating leverage Required 2 >