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 Sure Dynamic Shot $ 730,000 $ 270,000 77% Sales CM ratio Total $ 1,000,000 615 Fixed expenses total 5572,500 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 $48,000 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 (1.0.1234 should be entered as 12.34).) Flight Dynamic Amount Sure Shot Amount Total Company Amount $6 96 % 96 % % %6 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. Sure Product Flight Dynante thot $ 730,000 $ 270,000 511 773 Sales CM Patio Total $ 1,000,000 Fixed expenses total $572,500 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 $48.000 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 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.) Break even point in sales