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 $255,000 and $370,000. Read the fequirements Select the labels and enter the amounts to calculate the contribution margin ratio. (Enter the contribution margin ratio as a whole percentage, X%.) Net sales revenue Contribution margin 179,265 = Contribution margin ratio 57 % $ $ 314,500 Requirement 2. Prepare two contribution margin income statements: one at the $255,000 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.) First prepare the contribution margin income statement at the $255,000 sales level. (Use a minus sign or parentheses for a loss.) Neptune Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income (Loss) Enter any number in the edit fields and then click Check Answer. i X Data Table ti & Neptune Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 Net Sales Revenue $ 314,500 Variable Costs 135,235 Contribution Margin 179,265 174,000 Fixed Costs $ 5,265 Operating Income Print Done