enterysted to a pifriting contractor Varlable costs consist mostly of payinerats io this contractoc. Required: 1. A. Prepare an income statement for the game last year. 1.6. Compute the degree of openting lewerage: (Rocund your answer to 2 totetimni pincest) a. The expocted percentage increase in not incobe for nevat yeas. Tob not nound intarmedinte caleulatiant, feochil yaur answors ts the nearest whoid pereemsed b. Tiar expecters total doliar riet income for ned year. Do not prepoe an income statermenic une the degreo of ancrativis leveruje fo compuse your answer.) (Do not round intarmediate enleuletisns.)