Question 3 Spencer Kars provides shuttle service between four hotels near a medical center and an international airport. Spencer Kars uses two 10-passenger vars to offer 12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statement is shown below. $41,160 $5,762 3,544 Fare revenues (1,470 fares) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation Insurance Net Income 10,290 30,870 13.400 1,400 2.675 17,475 $13,395 Calculate the break-even point in dollars. Break-even points Calculate the break-even point in number of fares. (Round answer to o decimal places, e.g. 5,275.) Break-even point 30,870 Contribution margin Fixed costs Salaries Depreciation Insurance Net Income 13,400 1,400 2,675 17,475 $13,395 Calculate the break-even point in dollars. Break-even point Calculate the break-even point in number of fares. (Round answer to o decimal places, e.g. 5,275.) Break-even point fares Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even points