Help Save & Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products follow: Product Flight Sure Dynamic Shot $ 680,000 $ 320,000 700 725 Sales CM ratio Total $ 1,000,000 Fixed expenses total $556,000 per month Required: 1. Prepare a contribution format income statement for the company as a whole. 2. What is the company's break-even point in dollar sales based on the current sales mix? 3. If sales increase by $59,000 a month, by how much would you expect the monthly net operating income to increase? Required 1 Required 2 Required 3 Prepare a contribution format Income statement for the company as a whole. (Round your percentage answers to 2 decimal places (.e. 0. should be entered as 12.34).) Total Company Flight Dynamic Amount % Sure Shot Amount % $ 320,000 100.001% % $ 680,000 100.00% % Amount 1,000,000 100.00% 0 % el Sales Variable expenses Contribution margin Fixed expenses $ 680,000 100.00 % $ 320,000 100,00 % 1,000,000 100.00 % Net operating income $ 1,000,000 Required 2 > Next