Exercise 19-4 Com Airways, Inc., a small two-plane passenger sine, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers each, and they tly commuters from Com base airport to the major city in the state, Metropo. Each month, 40 und-trip fights are made. Shown belowa recent month's activity in the form of a cost-volume-profit income Fare revenues (400 passenger flights) Variable costs $48,000 $18,200 600 1.800 1,000 21,600 26,400 Snacks and drinks Landing fees Supplies and forms Contribution margin Fixed costs Depreciation Salaries Advertising Airport hanger fees Net income 2.900 11,000 1.500 16,500 39,900 Calculate the break-even point in dollars. Break-even points Calculate the break-even point in number of passenger flights. Break-even point flights without calculations, determine the contribution margin at the break-even point. Break-even points LINK TO TEXT If ticket prices were decreased by 10, passenger flights would increase by 25%. However, total variable costs would increase by the same percentage as passenger flights (1) How much would net income be impacted by this change? Net income to s (2) Should the ticket price decrease be adopted? . Click if you would like to show Work for this questioni Open Show Work