Save Ang Jakarta Company is a service firm with current service revenue of $355,000 and a 32% contribution margin. Its fixed costs are $65,000 Maldives Company has current sales of $6,620,000 and a 40% contribution margin Its fixed costs are $1,770,000 Create the contribution margin income statement for both companies at current sales levels and at breakeven Calculate the Margin of Safety and Margin of Safety Percentage for each company Round to the nearest whole dollar unless otherwise specified Jakarta Current Jakarat Maldives current Maldives Break Even Break-even $ $ Sales $ Variable Costs $ $ $ $ $ Contribution Margin $ $ $ $ Fored Costs $ $ $ $ $ $ Operating Income Margin of Safety Margin of Safety % (round to one decimal % Fixed Costs S $ $ S $ S s Operating Income Margin of Safety Margin of Safety % (round to one decimal place) I For Blank 24 Compare the margin of safety in dollars between Jakarta and Maldives. Which is stronger? Compare the margin of safety percentage between Jakarta and Maldives. Which is stronger? Compute the degree of operating leverage for both companies. Round to 2 decmial places. Jakarta Maldives Which company, Jakarta or Maldives, will benefit most from a 15% increase in sales