Curt Carriage Company offers guided horse-drawn carriage rides through historic Augusta, Georgia. The carriage business is highly regulated by the city. Curt Carriage Company has the following operating costs during April: (Click the icon to view the information.) During April (a month during peak season), Curt Carriage Company had 13,400 passengers. Eighty percent of passengers were adults ($22 fare) while 20% were children ($14 fare). Read the requirements Sales revenue For the Month Ended April 30 Less: Variable expenses Fee paid to city Complimentary postcards Brokerage fee Carriage driver wages Contribution margin Less Fixed expenses Depreciation expense Leasing and boarding horses Non-carriage driver payroll expense Depreciation expense Operating income 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 18% 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