Counton Carriage Company offers guided horse-drawn carriage rides through historic Columbus, Georgia. The carriage business is highly regulated by the city. Counton Carriage Company has the following operating costs during April: (Click the icon to view the information.) During April (a month during peak season), Counton Carriage Company had 12,600 passengers. Eighty percent of passengers were adults ($21 fare) while 20% were children ($13 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.) Counton Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Sales revenue 2 Less: Variable expenses Complimentary postcards 8710 Brokerage fee 9648 Carriage driver wages 49580 Total variable expenses 208102 Contribution margin 180498 Sales revenue 2 Less: Variable expenses Complimentary postcards 8710 Brokerage fee 9648 Carriage driver wages 49580 Total variable expenses 208102 Contribution margin 180498 Less: Fixed expenses Depreciation expense Leasing and boarding horses Non-carriage driver payroll expense Other fixed operating expenses 2600 51000 7600 7450 111848 Operating income Data table Qu Monthly depreciation expense on carriages and stable. Fee paid to the City of Columbus.... Qu Cost of souvenir set of postcards given to each passenger, Qu Qu Qu Brokerage fee paid to independent ticket brokers (60% of tickets are issued through these brokers; 40% are sold directly by the Counton 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. 2,000 15% of ticket revenue $0.55/set of postcards $1.60/ticket sold by broker 49,000 $3.40 per passenger $ 7,750 $ 7,050 Qu Print Done 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 12% 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