Olongapo Sports Corporation distributes two premium golf balls-the Flight Dynamic and the Sure Shot. Monthly sales and the contribution margin ratios for the two products follow: Product Total $1.000,000 Flight Dynamic $700,000 Sure Shot $300,000 Sales CM ratio 64% 76% Fixed expenses total $567,500 per month. Required: 1. Prepare a contribution format income statement for the company as a whole. Round your percentage answers to 2 decimal places (i.e. .1234 is considered as 12.34). Olongapo Sports Corporation Total Company Flight Dynamic Sure Shot % Amount % Amount Amount % 1,000,000 Sales 1,000,000 % Variable expenses 324,000 324,000 0.00 % 0.00% Contribution margin 676,000 0.00 % 0 676.000 Fixed expenses 567,500 S 108.500 2. Compute the break-even point for the company 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 $ 8,395 sales increase by $52,000 a month, by how much would you expect net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) 3 108,500 Net operating income increases by