Presented here is the income statement for Fairchild Co. for the month of March:

Sales	$	81,500
Cost of goods sold		42,500
Gross profit	$	39,000
Operating expenses		30,000
Operating income	$	9,000

Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 27%.

Required:
a.	Rearrange the preceding income statement to the contribution margin format. Calculate operating income if sales volume increases by 8% Calculate the amount of revenue required for Fairchild Co. to break even