On mar 1. Prepare contribution margin income statements at sales levels of $170,000 and $410,000. (Hint: Use the contribution margin ratio.) 2. Compute breakeven sales in dollars. Compu9,000. Western Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue $ 500,000 120,000 Less: Variable expenses Contribution margin 380,000 171,000 Less: Fixed expenses $ 209,000 Operating income Western Travel uses the contribution margin income statement internally. Western's first quarter results are as follows: (Click the icon to view the income statement.) Western's relevant range is sales of between $125,000 and $690,000. Read the requirements. Requirement 1. Prepare contribution margin income statements at sales levels of $170,000 and $410,000. (Hint: Use the contribution margin ratio.) Begin by preparing the contribution margin income statement at the $170,000 level. (Round the variable expense rate to the nearest whole percent. Enter losses with a minus sign or parentheses.) Western Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss)