Exercise 11-11 Sarasota Kars provides shuttle service between four hotels near a medical center and an international airport. Sarasota Kars uses two 10 passenger vans to offer 12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statement is shown below. Fare revenues (1,340 fares) $26,800 Variable costs Fuel $4,824 Tolls and parking 2,412 Maintenance 804 8,040 Contribution margin 18,760 Fixed costs Salaries Depreciation 1.150 Insurance 890 15,960 Net income 12.800 13,920 Calculate the break-even point in dollars. Break-even point Calculate the break-even point in number of fares. Break-even point fares Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even point