A traveling production of The Lion KingThe Lion King performs each year. The average show sells 1 comma 2001,200 tickets at $50 per ticket. There are 125 shows each year. The show has a cast of 60, each earning an average of $ 320 per show. The cast is paid only after each show. The other variable expense is program printing costs of $8 per guest. Annual fixed expenses total $ 1,185,600 1 Compute revenue and variable expenses for each show. 2 Use the income statement equation approach to compute the number of shows needed annually to breakeven. Use the shortcut unit contribution margin approach to compute the number of shows 3 needed annually to earn a profit of $3,369,600 Is this goal realistic? Give your reason. Prepare The Lion KingThe Lion King's 4 contribution margin income statement for 125 shows each year. Report only two categories of expenses: variable and fixed