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 $$252,000$ and $$360,000.$

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, $x\%.)$

$\backslash$table$[[,$Contribution margin,$,$Net sales revenue,$=,$Contribution margin ratio$],[$$$,222,250,$$$,317,500,=,70\%$