E22-8B Model Transport provides shuttle service between four hotels near a medical center and an international airport. Model Transport uses two 10 passenger vans to offer 10 round trips per day. A recent month''s activity in the form of a cost-volume-profit income statement is shown below. Fare revenues (1,440 fares) $57,600 Variable costs Fuel 9,000 Tolls and parking 3,100 Maintenance 2,300 14,400 Contribution margin 43,200 Fixed costs Salaries 15,000 Depreciation 2,000 Insurance 1,000 18,000 Operating income $25,200 Instructions (a) Calculate the break-even point in (1) dollars and (2) number of fares. (b) Without calculations, determine the contribution margin at the break-even point