Engberg Company's most recent monthly income statement is given below: Percentage of Sales % Amount Sales $ 96,000 Less: Variable expenses 57,600 100 60 Contribution margin Less: Fixed expenses Net income 38,400 40 28,000 $ 10,400 Required: 1. Compute the company's degree of operating leverage. (Round your answer to 2 decimal places.) Degree of operating leverage 2. Using the degree of operating leverage, estimate the impact on net income of a 10% increase in sales. (Do not round intermediate calculations. Round "Percentage" answer to 1 decimal place, (i.e., 0.123 should be considered as 12.3%).) Percent change in net income %