For its top managers, Airbor Travel formats its income statement as follows: Click the icon to view the income statement.) Airbom's relevant range is between sales of $245,000 and $370,000. Read the requirements Requirement 1. Calculate the contribution margin ratio. Select the labels and enter the amounts to calculate the contribution margin ratio. (Enter the contribution margin ratio as a whole percentage, X%) - Contribution margin ratio X 1 1 Data Table Airbor Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 Net Sales Revenue 313,500 125,400 Variable Costs Contribution Margin 188,100 170,000 Fixed Costs on 18,100 Operating Income Print Done i Requirements 1. Calculate the contribution margin ratio. 2. Prepare two contribution margin income statements: one at the $245,000 sales level and one at the $370,000 sales level. (Hint. The proportion of each sales dollar that goes toward variable costs is constant within the relevant range.) Print Done