This Question: 20 pts 3 of 4 (0 complete) This Test: 100 pts possible Edger Dry Cleaners has determined the following about its costs: Total variable expenses are $32,000; total fixed expenses are $25,200, and the sales revenue needed to break even is $42,000. Use the contribution margin income statement and the shortcut contribution margin approaches to determine Edger Dry Cleaners's current (1) sales revenue and (2) operating income. (Hint: First find the contribution margin ratio, and then prepare the contribution margin income statement.) Use the contribution margin income statement and the shortcut contribution margin approaches to determine Edger Dry Cleaners's current (1) sales revenue and (2) operating income. Begin by computing the contribution margin ratio. The contribution margin ratio is %. Prepare the contribution margin Income statement at the calculated sales level, Edger Dry Cleaners Contribution Margin Income Statement Operating Income (loes) Choose from any list or enter any number in the input fields and then continue to the next