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 Fixed expenses Net operating income Amount $ 130,000 52.000 70,000 10.000 50,000 Percent of soles 100% AUX GOX 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 14% increase in sales 3. Construct a new contribution format income statement for the company assuming 4% increase in de 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 2 > Required 1 Required 2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 14% increase in sales. (Do not round Intermediate calculations. Round your percentage answer to decimal places 0.1234 should be entered as 12.34):) Not operating income Construct a new contribution format income statement for the company assuming a 14% increase in sales. Engberg Company Contribution Income Statement Amount Percent of Sales % % %