Gold Star Rice, Ltd., of Thailand exports Thal nice throughout Asia. The company grows three varletles of nice_White, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming month are shown below. Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income White 48 X $ 345,600 103,680 $ 241,920 100 % 30 % 70 % Product Fragrant Loonzain 20 % 32 % $ 144,000 100 % $ 230,400 100 % 115, 200 80 X 126, 720 55 X $ 2B, 800 20 % $ 103,680 45 % Total 100 x $720,60 345,600 374,400 232,960 $ 141,449 190 % 48 % 52 % Dollar sales to break-even Fixed expenses CM ratio $232,960 0.52 = $448.000 As shown by these data, net operating Income is budgeted at $141.440 for the month and the estimated break-even sales is $448,000 Assume that actual sales for the month total $720,000 as planned, however, actual sales by product are: White, $230,400, Fragrant $288,000, and Loonzaln. $201.600. Required: 1. Prepare a contribution format Income statement for the month based on the actual sales data, 2 Compute the break even point in dollar sales for the month based on your actual data. Required 1 Required 2 Prepare a contribution format income statement for the month based on the actual sales data, Gold Star Rice, Ltd. Contribution Income Statement Product White Loonzain Total Fragrant % Percentage of total sales pa % % % 4 % S 0 0965 0 0% S 0 0 09 s 0 Required 1 Required 2 Compute the break-even point in dollar sales for the month based on your actual data. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount) Break-even point in dollar sales