Northem Travel uses the contribution margin income statement Internally. Northern's first-quarter results follow. (Click the icon to view the income statement.) Northem's relevant range is between sales of $145,000 and $760,000. Requirements 1. Prepare contribution margin income statements at sales leve's of $195,000 and $660,000. (Hint: Use the contribution margin ratio.) 2. Compute braak-even sales in dollars. Requirement 1. Prepare the contribution margin income statement at the $195,000 level. (Round interim percentages to the nearest whole percent. Enter losses with a minus sign or parentheses.) Northern Travel Contribution Margin Income Statement Data table Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss) Prepare the contribution margin Income statement at the $660,000 level (Round Interim percentages to the nearest whole percent. Enter losses with a minus sign or parentheses.) Northern Travel Contribution Margin Income Statement Northern Travel Contribution Margin Income Statement Sales revenue Three Months Ended March 31 $ 214,600 (125,000) Less: Variable expenses Contribution margin 180.500 Leas: Fixed expenses (155,000) $ 34,500 Operating income Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss) Requirement 2. Compute break-even sales in collars. Begin by identifying the formula to compute the break-even sales in dollars. 1 Break-evan sales in dollars Compute break-even sales in dollars. (Round your answer up to the nearest dollar.) Print Done