Curt Carriage Company offers guided horse-drawn carriage rides through historic Atlanta, Georgia. The carriage business is highly regulated by the city. Curt Carriage Company has the following operating costs during April: B (Click the icon to view the information.) During April (a month during peak season), Curt Carriage Company had 12,700 passengers. Sixty percent of passengers were adults ($21 fare) while 40% 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.) Curt Carriage Company Data Table Contribution Margin Income Statement For the Month Ended April 30 Sales revenue $ 226,060 $ 2,500 Less: Variable expenses 10% of ticket revenue Complimentary postcards $ 8,255 $0.65/set of postcards Brokerage fee 9,144 Monthly depreciation expense on carriages and stable Fee paid to the City of Atlanta 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 Curt 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.. Carriage driver wages 41,910 $1.20/ticket sold by broker $ 48,000 Total fixed expenses 65400 $3.30 per passenger $ 7,600 Contribution margin $ 144, 145 Less: Fixed expenses $ 7,300 $ Depreciation expense Leasing and boarding horses Non-carriage driver payroll expense 2,500 48,000 7,600 Requirements Other fixed operating expenses 7,300 $ 78,745 Operating income 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 19% 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