Carter Carriage Company offers guided horse-drawn carriage rides through historic Sumter, South Carolina. The carriage business is highly regulated by the city. Carter Carriage Company has the following operating costs during April Click the icon to view the information) During April (a month during peak season), Carter Carriage Company had 13,500 passengers. Seventy percent of passengers were adults ($20 fare) while 30% were children (S12 fare) Read the requirements Requirement 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. (Do not round interim calculations or amounts. Round all amounts input in the table to the nearest dollar.) Carter Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Less Less: Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer 2 parts remaining i Data Table $ 2.200 10% of ticket revenue $0.55/set of postcards Monthly depreciation expense on carriages and stable. Fee paid to the City of Sumter. Cost of souvenir set of postcards given to each passenger Brokerage fee paid to independent ticket brokers (60% of tickets are issued through these brokers: 40% are sold directly by the Carter Carriage Company) Monthly cost of leasing and boarding the horses. Carriage drivers (tour guides) are paid on a per passenger basis Monthly payroll costs of non-tour guide employees Marketing, website, telephone, and other monthly fixed costs. $1.30/ticket sold by broker $ 49,000 $3.00 per passenger S 7.750 $ 7,200 Print Done 6-39 wn carriag sts during Carriage Brokerage fee Carter C Carriage Carriage driver wages (Clic Complimentary postcards During A Contribution margin children Depreciation expense Read the Fee paid to city Fixed expenses Require Leasing and boarding horses calculati Non-carriage driver payroll expense Operating income Other fixed operating expenses Sales revenue Total fixed expenses Total variable expenses Less Variable expenses on margin in the table lent April 30 - X i 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 14% 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 April? Print Done