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27. (6 points for income statement and 4 points cach for breakeven points-14 total points) Fun Time Amusement Park provides a variety of attractions. Fun

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27. (6 points for income statement and 4 points cach for breakeven points-14 total points) Fun Time Amusement Park provides a variety of attractions. Fun Time sells tickets at $100 per person as a one-day entrance fee. Variable costs are $40 per person, and fixed costs are $300,000 per month. Prepare a contribution margin format income statement assuming that 20,000 tickets were sold (showing total and per unit amounts for Sales, Variable Costs, and Contribution Margin and totals only for Fixed Costs and Net Income). Then, compute the breakeven point in tickets and in sales dollars. 1

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