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: Product Flight Dynamic Sure Shot $ 730,000 $ 270,000 741 Total $ 1.000.000 Sales CH ratio Fred expenses total $589,500 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 $41.000 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 Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places 0.1234 should be entered as 12.30 Fight Dynamic Sure Shot Total Company Amount Amount Amount $ 730,000 100.00 $ 270,000 10000 $ 1.000.000 100.00 (Salus CH ratio 62% 745 Fixed expenses total $589,500 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 $41.000 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 (1.e. 0.1234 should be entered as 12.34).) Flight Dynamic Sure Shot Total Company Amount % Amount % Amount s 730 000 100 00 $ 270,000 100.00 1,000,000 100.00 Sales Variable expenses Contribution margin Fixed expenses Net operating income Product Flight Dynamic Sure Shot $ 730,000 $ 270,000 62% 74% Sales CH ratio Total $1,000,000 ? Fixed expenses total $589,500 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 $41000 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, Round your answer to the nearest whole dollar amount.) Broak ovon point in dollar salos mudad Product Flight Dynamic Sure Shot $ 730,000 $ 270,000 74% Total $ 1,000,000 Sales CH ratio 62% Fixed expenses total $589,500 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 $41.000 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 $41,000 a month, by how much would you expect the monthly net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Net operating income increases by