Superior Door Company sells prehung doors to home builders. The doors are sold for $64 each. Variable costs are $44 per door, and fixed costs total $957,000 per year. The company is currently selling 52,200 doors per year.

Required:

1a.	Prepare a contribution format income statement for the company at the present level of sales. (Input all amounts as positive values except losses which should be indicated by a minus sign.)

Contribution Income Statement
	Total
(Click to select) Sales Fixed expenses Variable expenses Net operating income (loss) Contribution margin	$
(Click to select) Sales Contribution margin Net operating income (loss) Variable expenses Fixed expenses
(Click to select) Net operating income (loss) Variable expenses Sales Fixed expenses Contribution margin
(Click to select) Contribution margin Net operating income (loss) Variable expenses Sales Fixed expenses
(Click to select) Variable expenses Contribution margin Fixed expenses Net operating income (loss) Sales	$

1b.	Compute the degree of operating leverage.

Degree of operating leverage

2.	Management is confident that the company can sell 67,338 doors next year (an increase of 15,138, or 29%, over current sales).

a.	Compute the expected percentage increase in net operating income for next year.

Net operating income increases by

%

b.	Compute the expected net operating income for next year. (Do not prepare an income statement; use the degree of operating leverage to compute your answer.)

Total expected net operating income

$

I basically got all the answer except for 2 b which is the total expected net operating income. Need help with that