Comh Airways, Inc., a small two plane plasttraper airline, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers each and they fly commuters from Comfi's base airport to the major city in the state, Metropolis. Each month, 40 round-trip flights are made. Shown below is a recent month's activity in the form of a cost-volume profit income statement Fare revenues (400 passenger flights) $48,000 Variable costs Fuel $17,354 Snacks and drinks 760 Landing fees 2.100 Supplies and forms 1.050 21.264 Contribution margin 26.736 Fixed costs Depreciation 2.900 Salaries 14,595 Advertising 400 Airport hanger fees 1600 19.495 Net income $7.241 Calculate the break even point in dollars Break even point $ e Textbook and Media Calculate the even point in number of passenger lucht Break even point flights e Textbook and Media Without calculations determine the contribution margin at the break-even point. Break even point $ e Textbook and Media If ticket prices were decreased by 10%, passenger flights would increase by 25%. However, total variable costs would increase by the same percentage as passenger flights. (1) How much would net income be impacted by this change? Net income tos 2) Should the ticket price decrease be adopted