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 $250,000 and $369,000. 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 Requirements 1. Calculate the contribution margin ratio. 2. Prepare two contribution margin income statements: one at the $250,000 sales level and one at the $369,000 sales level. (Hint: The proportion of each sales dollar that goes toward variable costs is constant within the relevant range.) Print Done Data table - X Neptune Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 Net Sales Revenue 313,500 125,400 Variable Costs Contribution Margin 188,100 173,000 Fixed Costs 15,100 Operating Income Print Done