Engberg Company installs town sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Amount Sales Sales $ 121,000 Variable expenses 48 400 404 Contribution margin 72,600 605 Fixed expenses 20.000 Net operating income $ 52,600 1001 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 22% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 22% increase in unit soles. 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) Cloro of operating leverage Required 2