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 Total Sales $150,000 $250,000 $400,000 CM ratio 809 364 ? 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 (ie. .1234 should be entered as 12.34).) Flight Dynamic Amount % Sure Shot Amount Total Company Amount % % $ 0 % % 0 % 0.00% % 0.00% $ 0 $ 0 0 0.00% $ 0 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 Total Sales $150,000 $250,000 $400,000 CM ratio 80% 364 7 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 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 dollar sales