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: Sales CM ratio Product Flight Dynamic Sure Shot $690,000 60% Fixed expenses total $590,000 per month. Total $310,000 $ 1,000,000 72% Required: 1. Prepare a contribution format income statement for the company as whole. 2. What is the company's break-even point in dollar sales based on the current sales mix? 3. If sales increase by $49,000 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.. Note: Round your percentage answers to 2 decimal places (i.e. 0.1234 should be entered as 12.34). Sales Variable expenses Flight Dynamic Amount % $ 690,000 Total Company Amount Sure Shot Amount % % $ 310,000 100.00 $ 1,000,000 100.00 Contribution margin Fixed expenses Net operating income 590,000