3 Riverside Incorporated makes one model of wooden canoe. Partial information for it follows: Help Save & Exit Check ma 2.5 points Number of Canoes Produced and Sold Total costs Variable costs Fixed costs Skipped Total costs Cost per unit Variable cost per unit Fixed cost per unit eBook Total cost per unit Hint Print References 198,000 $369,000 550 750 900 $ 104,500 198,000 $302,500 $142,500 198,000 5340,500 $171,000 $ 190.00 360.00 $550.00 $ 190.00 264.00 $ 454.00 $ 190.00 220.00 $410.00 Riverside sells its canoes for $630 each. Next year Riverside expects to sell 1,000 canoes. Required: Complete the Riverside's contribution margin income statement for each independent scenario. Assuming each scenario is a variation of Riverside's original data. Note: Round your unit contribution margin and contribution margin ratio to 2 decimal places (i.e. 0.1234 should be entered as 12.34%) and all other answers to the nearest dollar amount. Scenario 1 Raises Sales Price to $730) per Canoe Scenario 2 Increase Sales Price and Variable Cost per Unit by 10 Percent Scenario 3 Decrease Fi Cost by 20 Percent 2.5 points Skipped eBook Unit contribution margin Hint Contribution margin ratio Print References Mc Graw Hill 59F Cloudy Contribution margin Net operating income Q Search Do umount Scenario 1 Raises Sales Price to $730 per Canoe Scenario 2 increase Sales Price and Variable Cost per Unit by 10 Percent Scenario 3 Decrease Fixed Cost by 20 Percent % Contribution Margin Income Statement < Prev 3 of 4 Next >