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Techtronics Software, Inc. specializes in customized spreadsheet software. The results of the company's operations during the prior year (20xx) are given in the following table.

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Techtronics Software, Inc. specializes in customized spreadsheet software. The results of the company's operations during the prior year (20xx) are given in the following table. All units produced during the year were sold. (Ignore income taxes.) Sales revenue $4,300,000 Manufacturing costs: Fixed 590,000 Variable 1,130,000 Selling costs: Fixed 63,000 Variable 190,000 Administrative costs: Fixed 133,000 Variable 43,000 Required: 1-a. Prepare a traditional income statement for the company. 1-b. Prepare a contribution income statement for the company. 2. What is the rm's operating leverage for the sales volume generated during the prior year? 3. Suppose sales revenue increases by 15 percent. What will be the percentage increase in net income? Complete this question by entering your answers In the tabs below. Req 1A Reg 13 Reg 2 Reg 3 Prepare a contribution income statement for the company. Less: Variable expenses

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