Required infeumetion The Foundational 15 (Algo) [LO2-1, LO2-3, LO2.4, LO2-5, LO2.6, LO2.7, LO2.8) (Rhe followng intoritation applies to the questions displayed below) Oslo Company prepared the fotowng contrbution format income statement based on a twles volume of 1000 units che Belecart range of production is 500 unts to 1500 uniti) Foundotionnl 2-15 (Algo) 15. Assume that the anounts of the company's total yarabie expenses and total fored expenses were reversech. In other words. atwime that the fotal variable expenses are $23,310 and the total fixed expenses are 538,500 Geven this scenario and assuming that tatal sales remier the sarme. Using the degree of calculated operating leverage, what is the eatifuated percent increase in het ogerating ncome of a 5 th incresse in sales? (Round your intermediate calculetions and findl answer to 2 decimsi places.)