Presented here is the income statement for Big Sky Incorporated for the month of February: Sales $ 60,500 Cost of goods sold 54,900 Gross profit $ 5,600 Operating expenses 14,900 Operating loss $ (9,300) Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 19%.

Rearrange the preceding income statement to the contribution margin format. If sales increase by 15%, what will be the firm's operating income (or loss)? Calculate the amount of revenue required for Big Sky to break even.