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 $ 650,000 $ 350,000 67% 72% Sales CM ratio Total $1,000,000 Fixed expenses total $575,000 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 $52,000 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 % Sales $ 650,000 100.00 %$ 350,000 100.00 % 1,000,000 100.00 % Variable expenses 33.00% 28.00 % 0 % Contribution margin $ 650,000 67.00% $ 350,000 72.00% 1,000,000 100.00 % Fixed expenses $ Net operating income 1,000,000