Airborne Travel uses the contribution margin income statement internally Airborne's first quarter results are as follows FT: (Click the icon to view the income statement) Airbome's relevant range is sales of between $125,000 and $540,000 Read the requirements Requirement 1. Prepare contribution margin income statements at sales levels of $220,000 and $410,000 H . Use the contribution margin ratio) Begin by preparing the contribution margin income statement at the $220,000 level (Round the variable expense rate to the nearest whole percent Enter losses with a minus sign or parentheses) Data Table Requirements Airborne Travel Contribution Margin income Statement Three Months Ended March 31 Sales revenue 220,000 Loss Variable expenses 100 Contribution margin 136400 1. Prepare contribution margin income statements sales levels of $220 000 and $410 000. (Hint Use the contribution margin ratio) 2. Compute brokeren sales in dollars Less Fixed expenses Airborne Travel Contribution Margin income Statement Three Months Ended March 31 Sales revenue $ 550 000 10250 Less Variable expenses Contribution margin 357 500 170,000 Less Faced expenses 180.700 Operating income Operating income foss) Print Done