Carson Carriage Company offers guided horse-drawn carriage rides through historic Charleston, South Carolina. The carriage business is highly regulated by the city. Carson Carriage Company has the following operating costs during April: EEB(Click the icon to view the information.) During April (a month during peak season), Carson Carriage Company had 13,100 passengers. Eighty percent af passengers were adults ($23 fare) while 20 % were children (S15 fare). Requirements 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. 2. Assume that passenger volume increases by 17% in May. Which figures on the income statement would you expect change, and by what percentage would they change? Which figures would remain the same as in pril? Requirement 1. Prepare the company's contribution margin income statement fo table to the nearest dollar.) Data Table Carson Carriage Company Contribution Margin Income Statement Manthly depreciation expense on carriages and stable 2,200 For the Month Ended April 30 20% of ticket revenue Fee paid to the City of Charleston Sales revenue $0.95/set of postcards Cost of souvenir set of postcards given to each passenger. Variable expenses Less: Brokerage fee paid to independent ticket brokers (60% of tickets are issUed through these $1.00ticket sold by broker Fee paid to city brokers; 40% are sold directly by the Carson Carriage Company) Complimentary pastcards Monthly cost of leasing and boarding the horses S 49.000 Brokerage fee Carriage drivers (tour guides) are paid on a per passenger basis S3.20 per passenger Monthly payroll costs of non-tour guide employees . . S 7,650 Carriage driver wages Contribution margin $ Marketing, website, telephone, and other monthly fixed costs 7.300 Choose from any list or enter any number the input fields and then click C Print Done Farson Camage Company oners guided horse-arawh Camage naes nrougn historic Charneston, Soutn Caroina, The camage busiess is highiy regulated by ne chy. Carson Camage Company nas the Tolowing operating osts during April: view the information.) (Click the icon During April Requirements 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. month during peak season), Carson Carriage Company had 13,100 passengers. Eighty percent of passengers were adults ($23 fare) while 20 % were children (S15 fare). Assume that passenger volume increases by 17% in May. Which figures on the income statement would you expect to change, and by what percentage would they change? Which figures would remain the same as in Ap i Data Table Fee paid to city Complimentary postcards Brokerage fee Monthly depreciation expense on carriages and stable 2,200 Carriage driver wages 20% of ticket revenue Fee paid to the City of Charleston Contribution margin S0.95/set of postcards Cost of souvenir set of postcards given to each passenger Fixed expenses Less: $1.00/ticket sold by broker Brokerage fee paid to independent ticket brokers (60% of tickets are issued through these Leasing and boarding horses brokers; 40% are sold directly by the Carson Carriage Company) Non-carriage driver payroll expense Monthly cost f leasing and boarding the horses... 49,000 Depreciation expense $3.20 per passenger Carriage drivers (tour guides) are paid on a per passenger basis Other fixed operating expenses Monthly payrall costs of non-tour guide employees 7,650 Operating income 7.300 Marketing, website, telephone, and other monthly fixed costs. hoose from any list or enter any number in the input fields and then click d Print