Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 147,000 58,800 88,200 22,000 $ 66,200 Percent of Sales 1001 40 608 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 21% increase in unit sales, 3. Construct a new contribution format income statement for the company assuming a 21% increase in unit sales Complete this question by entering your 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.) Degree of operating leverage Using the degree of operating leverage, estimate the impact on net operating income of a 21% 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 21% increase in unit sales. Engberg Company Contribution Income Statement Amount Percent of Sales % % 0 % 0 $ 0