Question Help Anderson Dry Cleaners has determined the following about its costs: Total variable expenses are $32,000, total foxed expenses are $25.200, and the sales revenue needed to break even is 542,000 Determine the company's current 1) sales revenue and 2) operating income. (Hint First, find the contribution margin ratio, then prepare the contribution margin income statement) Use the contribution margin income statement and the shortcut contribution margin approaches to determine Anderson's current (1) sales revenue and (2) operating Income 60% Begin by computing the contribution margin ratio (Enter the result as a whole number) The contribution margin ratio is Prepare the contribution margin income statement at the calculated sales level. Anderson Drycleaners Contribution Margin Income Statement Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss)