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Singh Company reports a contribution margin of $952,000 and fixed costs of $714,000. (1) Compute its income. (2) Compute its degree of operating leverage. (3)

image text in transcribed Singh Company reports a contribution margin of $952,000 and fixed costs of $714,000. (1) Compute its income. (2) Compute its degree of operating leverage. (3) If sales increase by 15%, what amount of income is expected

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