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

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Techtronics Software, Incorporated specializes in customized spreadsheet software. The results of the company's operations during the prior year (20x) are given in the following table. All units produced during the year were sold. (Ignore income taxes.) 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 25 percent. What will be the percentage increase in net income? Complete this question by entering your answers in the tabs below. Prepare a traditional income statement for the company

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