Suburban Landscape provides landscaping design and installation for residential and commercial properties. The company's recent annual contribution format income statement follows: Percent of Amount Sales Sales $ 141,000 100% Variable expenses 56,400 4ex Contribution margin 84,600 60% Fixed expenses 23,000 Net operating income $ 61,600 Required: 1. What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 27% Increase in sales. 3. Construct a new contribution format income statement for the company assuming a 27% increase in sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Required 1 Required 2 > Required: 1. What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 27% increase in sales. 3. Construct a new contribution format income statement for the company assuming a 27% increase in sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 27% Increase in sales. (Do not round Intermediate calculations. Round your percentage answer to 2 decimal places (ie 0.1234 should be entered as 12.341.). Not operating income by (Required 1 Required 3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 27% increase in sales. Engberg Company Contribution Income Statement Amount Percent of Sales % % 9