please I need detail explanation of your answers. and show workings.

Check my work 3 A contribution income statement for the Nantucket Inn is shown below. (Ignore income taxes.) Less: Variable expenses Contribution margin Less: Fixed expenses Net income 300, 900 150, 000 $ 50, 008 Print ReterencesRequired: 1. Show the hotel's cost structure by indicating the percentage of the hotel's revenue represented by each item on the income 2. Suppose the hotel's revenue declines by 15 percent. Use the contribution-margin percentage to calculate the resulting 3. What is the hotel's operating leverage factor when revenue is $500,000? statement decrease in net income. Use the operating leverage factor to calculate the increase in net income resulting from a 20 percent increase in sales 4. revenue Complete this question by entering your answers in the tabs below