Check Profits have been decreasing for several years at Pegasus Airlines. In an effort to improve the company's performance, the company is thinking about dropping several flights that appear to be unprofitable. A typical income statement for one round-trip of one such flight (light 482) is as follows Ticket revenue (110 seats x 40% occupancy x $79 ticket price) Variable expenses ($12.00 per person) Contribution margin Flight expenses: 3,080 100.0% 528 17.1 2,552 82.9% Salaries, flight crew Flight promotion Depreciation of aircraft Fuel for aircraft Liability insurance Salaries, flight assistants Baggage loading and flight preparation Overnight costs for flight crew and assistants $ 310 748 448 165 180 750 195 60 2.848 at destination Total flight expenses Net opersting loss s (288) The following additional information is available about flight 482 Next >