Suburban Landscape provides landscaping design and installation for residential and commercial properties. The company's recent annual contribution format income statement follows: Sales Variable expenses Contribution margin ved expenses operating income 09 Percent of Sales 100% 48% 60% Amount $ 143,000 57 200 85,800 120 $ 68,00 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 21% increase sale 3. Construct a new contribution format income statement for the company assuming a 219 Increase in sales, Complete this question by entering your answers in the tabs below. Reduced Resired 2 Required) What is the company's degree of operating laverago? (Found your arta decima local Degree of opere Required 2 > Variable expenses Contribution margin Fixed expenses 100% 40% 68% 57/200 85,800 17 000 $ 68,899 Net operating income 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 21% increase in sales. 3. Construct a new contribution format income statement for the company assuming a 21% increase in sales. Complete this question by entering your answers in the tabs below. Required: Required: Required 3 Using the degree of operating leverage. estimate the impact on net operating income of a 21% increase in sales. (Do not round intermediate calculations. Round your percentage answer to a decimal places le 0.1234 should be entered as 12.34): Nelerating conte 4 Required 1 Required 32 Percent of 171 points S18 Variable expenses Contribution margin Fixed expenses Net operating income NA Amount $ 143,000 S7, 20e 85,888 17, $ 68,800 100% 4ax 683 eBoo 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 21% increase in sales 3. Construct a new contribution format income statement for the company assuming a 219 Increase in sales. Hirt Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 21% increase in sales. Engbero Company Contribution Income Statement Amount Percent of Sales 56 Capid2 Prey od 18 Next >