The contribution margin income statement of Westlake Coffee for December follows: (Click the icon to view the contribution margin income statement.) Westlake Coffee sells three small coffees for every large coffee. A small coffee sells for $3.00, with a variable expense of $1.50. A large coffee sells for $5.00, with a variable expense of $2.50 Read the requirements Requirement 1. Determine the coffee shop's monthly breakeven point in the numbers of small coffees and large coffees. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of expenses: variable and fixed. (Round intermediary calculations to the nearest cent.) The breakeven point is small cups and large cups of coffee Prepare a summary contribution margin income statement to prove your answer above. (Complete all input fields. For amounts with a $0 balance, make sure to enter "0" in the appropriate input field.) Small Large Total Less Less Operating income i Data Table - A B 1 Westlake Coffee 2 Contribution Margin Income Statement Month Ended December 31 3 4 Sales revenue $ 126,000 $ 51,000 7,000 5,000 8 63,000 5 Less variable expenses: 6 Cost of goods sold 7 Marketing expense 8 General and administrative expense 9 Contribution margin 10 Less fixed expenses: 11 Marketing expense 12 General and administrative expense $ 63,000 $ 22,400 5,600 28,000 35,000 $ 13 Operating income Print Done Requirement 2. Compute the coffee shop's margin of safety in dollars. The margin of safety in dollars is Requirement 3. Use the coffee shop's operating leverage factor (using the December contribution margin income statement) to determine its new operating income if sales volume increases 10%. Prove your results using the contribution margin income statement format. Assume that sales mix remains unchanged. (Round the operating leverage factor to two decimal places, X.XX.) If Westlake Coffee can increase sales revenue by 10%, keeping the sales mix the same, operating income will be Prepare a summary contribution margin income statement to prove your answer above. (For amounts with a $0 balance, make sure to enter "0" in the appropriate input field.) Prepare a summary contribution margin income statement to prove your answer above. (For amounts with a $0 balance, make sure to enter "0" in the appropriate input field.) Westlake Coffee Effect on Operating Income of 10% Increase in Sales Volume Current level Percent increase Dollar increase Sales revenue 10% Less: Variable expenses 10% Contribution margin Change in fixed expenses Operating income before sales increase Operating income after sales increase