Magic Realm, Incorporated, developed a new fantasy board game and sold 49,000 units last year at a selling price of $60 per game. Flxed expenses associstod with the oame are $882.000 per year, and variable expenses are $40 per game. Production of the game was outsourced to a printing contractor, so variable expenses consist mostly of poyments to this contractor, Required: 1-i. Prepse a contribution formbt income statement for the game last year. 10. Compre the degree of operating leverage. 2. Manogement is confident that the company can sel 58,800 games next year (an increase of 9,800 games, or 20%, over last year) Given this assumption: a. What is the expected percentage increase in not operating income for next year? b. Whet is the expected amount of net operating income for next year? (Do not prepare an income statement; use the degree of operating leveroge to compute your answer.) Complete this question by entering your answers in the tabs below. Prepare a continbution format income statemient for the game tast vear. Complete this question by entering your answers in the tabs below. Compute the degree of operating leveroge. Complete this question by entering your answers in the tabs below. Mamagement b confident that the company can sell 58,800 gomes next year (an increase of 9,800 games, or 20\%, over last Year). Given this assumption: a. What is the expected percentage increase in net operating income for next year? b. What is the expected amount of net operating income for next year? (Do not prepare an income statement; use the degree of operating leverage to compute your answec)