point Presented here is the income statement for Fairchild Co. for March 112.24 Prepare a contribution margin format income statement; calculate breakeven b. Calculate operating income if sales volume increases by 10%. (Note: Do not con- $100,000 Sales 54.000 Cost of goods sold. $ 46,000 Gross profit. 37,000 Operating expenses.. $ 9.000 Operating income. Based on an analysis of cost behavior patterns, it has been determined that the com- pany's contribution margin ratio is 30%. Required: a. Rearrange the preceding income statement to the contribution margin format . struct an income statement to get your answer.) C. Calculate the amount of revenue required for Fairchild to break even