Using the information below, calculate the operating leverage for each firm: SalesVariable CostsCont

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Using the information below, calculate the operating leverage for each firm: SalesVariable CostsContribution marginFixed costsOperating income James$2,000,0001,000,0001,000,000800,000$200,000 Jordan$2,000,000400,0001,600,0001,400,000$200,000 If the sales increase by 20%, with the variable cost per unit remaining constant and the fixed costs not changing, what will be the increase in operating income for each firm?