Exercise 18-11 Spencer Kars provides shuttle service between four hotels near a medical center and an international airport. Spencer 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 33,600 Fare revenues1,400 fares) Variable costs Fuel Tolls and parking Maintenance S 5,457 3,356 931 9,744 Contribution margin Fixed costs 23,856 Salaries Depreciation Insurance 13,500 1,400 2,779 17,679 Net income $6,177 Calculate the break-even point in dollars. Break-even point LINK TO TEXT VIDEO: APPLIED SKILLS Calculate the break-even point in number of fares. (Round answer to 0 decimal places, e.g. 5,275.) Break-even point fares LINK TO TEXT VIDEO: APPLIED SKILLS Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even point Click if you would like to Show Work for this question: Show LINK TO TEXT VIDEO: APPLIED SKILLS