Exercise 5-12 Multiproduct Break-Even Analysis [LO5-9] Olongapo Sports Corporation distrbutes two premium golf balls-the Flight Dynamic and the Sure Shot Monthly sales and the contribution margin ratios for the two products follow Product Flight Dynamic $690,000 64 % Sure Shot Total $310,000 $1,000,000 79 % Sales CM ratio Fixed expenses total $556,000 per month. Required: 1. Prepare a contribution format income statement for the company as a whole. Round your percentage answers to 2 decimal places (i.e. .1234 is considered as 12.34). Olongapo Sports Corporation Flight Dynamic Sure Shot Total Company % Amount Amount % Amount % % % % 2% 2. Compute the break-even point for the company based on the current sales mix. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Break-even point in sales 3. If sales increase by $46,000 a month, by how much would you expect net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Net operating income increases by