The following CVP income statements are available for Oldham Company and Newton Company: Sales revenue Variable costs Contribution margin Fixed costs Operating income Oldham Company $445,000 267,000 178,000 128,000 $50,000 Newton Company $445.000 89,000 356,000 306,000 $50,000 Calculate the break-even point in dollars and the margin of safety ratio for each company. (Round break-even point to the nearest whole dollar, c.8.5.275 and margin of safety ratio to 2 decimal places, es. 15.25%) Oldham Company Newton Company Break-even point Margin of safety ratio $ % 5 Calculate the degree of operating leverage for each company. (Round answers to 2 decimal places, es. 15.25.) Oldham Company Newton Company eTextbook and Media Assuming that sales revenue increases by 20%, prepare a variable cost income statement for each company. Oldham Company Newton Company $ $ Assuming that sales revenue decreases by 20%, prepare a variable cost income statement for each company. (Enter loss using either a negative sign preceding the number eg. -45 or parentheses eg. (45)) Oldham Company Newton Company