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Magic Realm, Inc. has developed a new fantasy board game. The company sold 15,000 games last year ata selling price of $19 per game. Fixed

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Magic Realm, Inc. has developed a new fantasy board game. The company sold 15,000 games last year ata selling price of $19 per game. Fixed costs associated with the game total $186,000 per year, and variable costs are $5 per game. Production of the game is entrusted to a printing contractor. Variable costs consist mostly of payments to this contractor Required: 1-o. Prepare an income statement for the game last year. Total Per Unit 24 Sales 0 $ 0 0 1-b. Compute the degree of operating leverage. (Round your answer to 2 decimal places.) Help DID of operations 2. Management believes that the company's sales will increase by 3.300 games next year. Compute the following: 0. The expected percentage increase in net income for next year (Do not round intermediate calculations. Round your answers to the nearest whole percentage.) Expect pe contaj b. The expected total dollar net income for next year. Do not prepare an income statement use the degree of operating leverage to compute your answet) (Do not round Intermediate calculations.) Tom

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