please fill out income statement

Xx P7-62A (similar to) Question Help A traveling production of Hairspray performs each year. The average show sells 800 tickets at $65 per ticket. There are 110 shows each year. The show has a cast of 60, each earning an average of $260 per show. The cast is paid only after each show. The other variable expense is program printing costs of $7 per guest. Annual fixed expenses total $924,000. Read the requirements. Using the equation you determined above, solve for the target number of shows. The number of shows needed annually to earn a profit of $3,418,800 is 141 The profit goal of $3,418,800 is unrealistic since Hairspray currently performs 110 shows a year. Requirement 4. Prepare Hairspray's contribution margin income statement for 110 shows each year. Report only two categories of expenses: variable and fixed. Hairspray Contribution Margin Income Statement Year Ended December 31 Sales revenue Variable expenses Contribution margin Fixed expenses Operating income (loss)