The CVP income statements shown below are available for Armstrong Company and Contador Company. Contador Co. Armstrong Co. $500,000 241,000 Sales Variable costs Contribution margin Fixed costs 259,000 $500,000 53,000 447,000 347,000 $100,000 159,000 $100,000 Net income (a1) Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 1.15.) Degree of Operating Leverage Armstrong Contador Contador (b) Assuming that sales revenue increases by 10%, prepare a variable costing income statement for each company. Armstrong Company Contador Company $ $ $ $