Last month when Holiday Creations, Incorporated, sold 36,000 units, total sales were $144,000, total variable expenses were $110.880 and fixed expenses were $36,600. 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 sales volume by 700 units and total sales by $2,800? (Do not round intermediate calculations.) 1. Contribution margin ratio 2 Estimated change in het operating income