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 $ 720,000 $ 280,000 61% 77% Sales CM ratio Total $ 1,000,000 ? Fixed expenses total $571,500 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 3 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 should be entered as 12.34).) Sure Shot Flight Dynamic Amount % Amount % Total Company Amount % % % % % % % % % % Recure Required 2 > 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.) Break-even point in sales Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If sales increase by $48,000 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