The CVP income statements shown below are available for Armstrong Company and Contador Company. Armstrong Co Contador Co. Sales Variable costs Contribution margin Fixed costs Net income $502,000 250,000 252,000 156,000 $96,000 $502,000 49,000 453,000 357,000 $96,000 (a) Compute the degree of operating leverage for each company. (Round answers to 3 decimal places, e.g. 1.150.) Degree of Operating Leverage Armstrong Contador (b) Assuming that sales revenue increases by 10%, prepare a variable costing income statement for each company Armstrong Company Contador Company