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: Total Product Flight Dynamic Sure Shot $150,000 $ 250,000 80% 36% Sales CM ratio $400,000 2 Fixed expenses total $183,750 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 $100,000 a month, by how much would you expect the monthly net operating income to increase? Complete this question by entering your answers in the tabs below. 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 (i.e. .1234 should be entered as 12.34).) Flight Dynamic Sure Shot Total Company Amount % Amount % % Amount $ % % 0 0 % 0.00 % $ % 0.00 % % % 0.00 % $ 0 0 0 $ 0 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 $100,000 a month, by how much would you expect the monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's break-even point in dollar sales based on the current sales mix? (Do not round intermediate calculations.) Break-even point in sales 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 $100,000 a month, by how much would you expect the monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If sales increase by $100,000 a month, by how much would you expect the monthly net operating income to increase? (Do not round intermediate calculations.) Net operating income increases by