The single-column CVP income statements shown below are available for Blossom Company and Crane Company. Blossom Co. Crane Co. Sales $500,000 $500,000 Variable costs 241,000 53,000 Contribution margin 259,000 447,000 Fixed costs 159,000 347,000 Net income $100,000. $100,000 (a1) Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 1.15.) Degree of Operating Leverage Blossom Crane (b) Assuming that sales revenue increases by 10% (due to a 10% increase in the number of units sold), prepare a single-column CVP income statement for each company." Blossom Company Crane Company 5