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Presented here is the income statement for Big Sky Incorporated for the month of February: Sales $ 6 0 , 0 0 0 Cost of

Presented here is the income statement for Big Sky Incorporated for the month of February:
Sales $ 60,000
Cost of goods sold 51,900
Gross profit $ 8,100
Operating expenses 15,200
Operating loss $ (7,100)
Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 19%.
Required:
Rearrange the preceding income statement to the contribution margin format.
If sales increase by 10%, what will be the firm's operating income (or loss)?
Calculate the amount of revenue required for Big Sky to break even.

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