For its top managers, Mars Travel formats its income statement as follows: (Click the icon to view the income statement.) Mars's relevant range is between sales of $251,000 and $361,000. 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 % Data Table X Requirements Mars Travel 1. Calculate the contribution margin ratio. 2. Prepare two contribution margin income statements: one at the $251,000 sales level and one at the $361,000 sales level. (Hint: The proportion of each sales dollar that goes toward variable costs is constant within the relevant range.) Contribution Margin Income Statement Three Months Ended March 31, 2024 Net Sales Revenue S 313,500 Variable Costs 125,400 Contribution Margin 188,100 173,000 Fixed Costs $ 15,100 Operating Income Print Done Print Done