Last month when Holiday Creations, Inc, sold 41,000 units, total sales were $311,000, total variable expenses were $245,690, and fixed expenses were $40,000. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $1,000? (Do not round Intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income