The following income statement was drawn from the records of Franklin, a merchandising firm: Required a. Reconstruct the income statement using the contribution margin formot. b. Colculote the mognitude of operating leverage. c. Use the measure of operating leverage to determine the amount of net income Franklin will eain if sales increase by to perce Reconstruct the income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Calculate the magnitude of operating leverage. Use the measure of operating leverage to determi Franklin will earn if sales increase by 10 percent. (Round your intermediate calculations and "Ope decimal places. Round the "Net income" value to nearest whole dollar.)