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Gold Star Rice, Ltd. of Thailand exports Thai rice throughout Asia. The company grows three varieties of nice-Fragrant White and Loonan Budgeted sales by product and in total for the coming month are shown below White Percentage of total sales Sales Variable expenses Product Fragrant 20% $ 158,000 100% 126 400 80 $ 379,200 113.760 100% ON Locain 32% 252800 100% 130 040 55 Total 100% $790,000 379 200 100% 68% Contribution margin $ 265.440 70% $ 31,600 20% $ 113.760 45% 410,800 Fixed expenses 225,160 Not operating income $ 185,640 Dolar sales to break even S 100 ford expenses CM ratio As shown by these data, net operating income is budgeted at $185,640 for the month and break even sales at $433.000 Assume that actual sales for the month total $790,000 as planned Actual sales by product are: White, $252,800, Fragrant, $316,000, and Loonzain, $221.200. Required: 1. Prepare a contribution format income statement for the month based on actual sales data Gold Star Rice, Ltd. Contribution Income Statement Product Fragrant White Loonzain Total Percentage of total 2. Compute the break-even point in dollar sales for the month based on your actual data. (Round your answer to nearest whole dollar.) Break-even point in sales dollars