E5-18 (Static) Calculating Contribution Margin and Contribution Ratio, Preparing Contribution Margin Income Statement [LO 5-5] Riverside incorporated makes one model of wooden canoe. Partal information for it follows Riverside selts its canoesi for $500 each. Next year Riverside expects to sell 700 canoes. Required: Complete the Riverside's contrbution margin income statement for each independent scenario. Assuming each scenario is a variation of Riverside's onginai data Note: Round your unit contribution morgin and contribution margin rotio to 2 decimal places (l.e. 0.1234 should be entered as 12.34\%) and all other answers to the nearest dolior amount