Puppy Co. Puppy Co. reported the following contribution margin income statement for 2020. Puppy Co. Contribution Income Statement For Year Ended December 31, 2020 Sales (9,600 units at $225 each) $2,160,000 Variable costs (9,600 units at $180 each) 1,728,000 Contribution margin 432,000 Fixed costs 324,000 Net operating income $108,000 6) Compute the company's degree of operating leverage for 2020. 7) Assume sales decrease by 5% in 2020, what is the company's net operating income (use the degree of operating leverage to compute)