For its top managers, Neptune Travel formats its income statement as follows: (Click the icon to view the income statement.) Neptune's relevant range is between sales of $245,000 and $364,000. 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 $364,000 sales level. (Hint: The proportion of each sales dollar that goes toward variable costs is constant within the relevant range.) 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\%.) Requirement 2. Prepare two contribution margin income statements: one at the $245,000 sales level and one at the $364,000 sales level. (Hint: The proportion of each dollar that goes toward variable costs is constant within the relevant range.) First prepare the contribution margin income statement at the $245,000 sales level. (Use a minus sign or parentheses for a loss.) Requirement 2. Prepare two contribution margin income statements: one at the $245,000 sales level and one at the $364,000 sales level. (Hint: The proportion of each sales dollar that goes toward variable costs is constant within the relevant range.) First prepare the contribution margin income statement at the $245,000 sales level. (Use a minus sign or parentheses for a loss.)