Presented here is the income statement for Fairchild Co. for March: Sales Cost of goods sold Gross prof $80,500 41,500 Operating expenses Operating income S 7,500 Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 33 Required: a. Rearrange the preceding income statement to the contribution margin format b. Calculate operating income if sales volume increases by 8% (Do not round intermediate calculations.) c. Calculate the amount of revenue required for Fairchild to break-even