Euro Travel uses the contribution margin income statement internally. Euro's first quarter results are as follows: (Click the icon to view the income statement.) Euro's relevant range is sales of between $110,000 and $670,000. Read the requirements. Requirement 1. Prepare contribution margin income statements at sales levels of $170,000 and $450,000. (Hint: Use the contribution margin ratio.) Begin by preparing the contribution margin income statement at the $170,000 level. (Round the variable expense rate to the nearest whole percent. Enter losses with a minus sign or parentheses.)