The following CVP income statements are available for Carla Vista Corp. and Sandhill, Inc. Carla VistaCorp. Sandhill, Inc. Sales revenue $672,000 $672,000 Variable costs 336,000 204,000 Contribution margin 336,000 468,000 Fixed costs 216,000 348,000 Net income $120,000 $120,000 (a) Your answer has been saved. See score details after the due date. Compute the degree of operating leverage for each company. (Round answers to 1 decimal place, e.g. 15.5.) Carla Vista Degree of Operating Leverage 2.8 Sandhill eTextbook and Media 3.9 Attempts: 1 of 1 used (b) Assume that sales revenue decreases by 20%. Prepare a CVP income statement for each company. (Do not round intermediate calculations.) Sales Revenue S Variable Costs Contribution Margin Fixed Costs Carla VistaCorp. Sandhill, Inc. 468,000 $ Net Income/(Loss) $ $ 468,000