Engberg Company installs lawn sod in home yards. The companys most recent monthly contribution format income statement follows:

		Amount		Percent of Sales
Sales	$	80,000		100	%
Variable expenses		32,000		40	%
Contribution margin		48,000		60	%
Fixed expenses		38,000
Net operating income	$	10,000

Construct a new contribution format income statement for the company assuming a 5% increase in sales.

Engberg Company
Contribution Income Statement
	Amount	Percent of Sales
			%
			%
	0	0	%
	$0