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.) $3,300,eee 515,000 1,030, eee Sales revenue Manufacturing costs: Fixed Variable Selling costs: Fixed Variable Administrative costs: Fixed Variable 53,000 115, eee 123, eee 33,eee 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 firm's operating leverage for the sales volume generated during the prior year? 3. Suppose sales revenue Increases by 20 percent. What will be the percentage Increase in net Income? Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 2 Reg 3 Prepare a traditional income statement for the company. TECHTRONICS SOFTWARE, INC. Income Statement For the Year Ended December 31, 20XX Less: operating expenses