E$5-18($Algo$)$ Calculating Contribution Margin and Contribution Ratio, Preparing Contribution Margin Income Statement $[$LO $5-5]$

Riverside Incorporated makes one model of wooden canoe. Partial information for it follows:

$\backslash$table$[[$Number of Canoes Produced and Sold,,$550,,750,,900],[$Total costs$],[$Variable costs,,$104,500,$$$,142,500,\{$

$\backslash$table$[[$$$171,000$