Europa Publications, Inc., specializes in reference books that keep abreast of the rapidly changing political and economic issues in Europe. The results of the companys operations during the prior year are given in the following table. All units produced during the year were sold. (Ignore income taxes.) Sales revenue $ 1,700,000 Manufacturing costs: Fixed 515,500 Variable 838,500 Selling costs: Fixed 34,000 Variable 64,000 Administrative costs: Fixed 74,000 Variable 29,000 Required: 1-a. Prepare a traditional income statement for the company. 1-b. Prepare a contribution income statement for the company. 2. What is the firms operating leverage for the sales volume generated