Profits have been decreasing for several years at Pegasus Airlines. In an effort to improve the company's performance, the company is thinking about dropping several flights that appear to be unprofitable. A typical income statement for one round-trip of one such flight (flight 482) is as follows: Ticket revenue (195 seats x 401 occupancy x $200 ticket price) $15 , 600 100.0% Variable expenses ($19.00 per person) 1, 482 9.5 Contribution margin 14, 118 90.58 Flight expenses: Salaries, flight crew $ 1, 800 Flight promotion 760 Depreciation of aircraft 1, 750 Fuel for aircraft 5, 400 Liability insurance 4,500 Salaries, flight assistants 1, 400 Baggage loading and flight preparation 1, 950 Overnight costs for flight crew and assistants at destination 600 Total flight expenses 18, 160 Net operating loss $ (4, 042)