Presented here is the income statement for Big Shot, Inc, for the month of May Sales Cost of goods sold Gross proft Operating expenses Operating loss $61,500 50.900 10.600 14,100 5 (3.500) Based on an analysis of cost behavor patterns, it has been determined that the company's contribution margin ratio is 19% Required: a. Rearrange the preceding income statement to the contribution margin format ariable expenses 61.500 ooed exponses Operating loss $ 61,500 b. It sales increase by 15%, what wn be the firms operating income (or loss)? (Do not round intermediate calculators.) c. Calculate the amount ot revenue requred for Big Shot, Inc, to break even