Presented here is the income statement for Big Shot Inc, for the month of May: Sales Cost of goods sold Gross profit Operating expenses Operating loss $68,500 51,000 $ 9,500 14,700 $(5,200) Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 15%. Required: a. Rearrange the preceding income statement to the contribution margin format b. If sales increase by 15%, what will be the firm's operating income (or loss)? c. Calculate the amount of revenue required for Big Shot to break even Complete this question by entering your answers in the tabs below. Required A Required B Required Rearrange the preceding income statement to the contribution margin format. Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 15%. Required: a. Rearrange the preceding income statement to the contribution margin format b. If sales increase by 15%, what will be the firm's operating income for loss)? c. Calculate the amount of revenue required for Big Shot to break even Complete this question by entering your answers in the tabs below. Required A Required B Required c Rearrange the preceding income statement to the contribution margin format Cost of goods sold Fixed expenses Operating expenses Sales Lord Required B > Variable expenses Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 15%. Required: a. Rearrange the preceding income statement to the contribution margin format b. If sales increase by 15%, what will be the firm's operating income (or loss)? c. Calculate the amount of revenue required for Big Shot to break even. Complete this question by entering your answers in the tabs below. Required A Required B Required If sales increase by 15%, what will be the firm's operating Income (or loss)? (Do not round Intermediate calculations.)