Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of cances Produced and sold 550 750 900 Total costs Variable costs $115,500 $157,500 $189,000 Fixed costs 198,000 198,000 198,000 Total costs $313,500 $355,500 $387,000 Cost per unit Variable cost per unit $ 210.00 $ 210.00 $ 210.00 Fixed cost per unit 360.00 264.00 220.00 Total cost per unit $ 570.00 $ 474.00 $ 430.00 Riverside sells its canoes for $650 each. Next year Riverside expects to sell 1,000 canoes. Required: Complete the Riverside's contribution margin income statement for each independent scenario. Assuming each scenario is a variation of Riverside's original data. (Round your unit contribution margin and contribution margin ratio to 2 decimal places (1.e. 1234 should be entered as 12.34%) and all other answers to the nearest dollar amount.) Scenario 1 Raises Sales Price to $750 per Canoe Scenario 2 Increase Sales Price and Variable Cost per Unit by 10 Percent Scenario 3 Decrease Fixed Cost by 20 Percent $ Unit Contribution Margin Contribution Margin Ratio 540.00 72.00% % % Sales Revenue Variable Costs Contribution Margin Income Statement 750,000 210,000 231,000 Required: Complete the Riverside's contribution margin income statement for each independent scenario. Assuming each scenario is a variation of Riverside's original data. (Round your unit contribution margin and contribution margin ratio to 2 decimal places (1.e. 1234 should be entered as 12.34%) and all other answers to the nearest dollar amount.) Scenario 1 Ralses Sales Price to $750 per Canon Scenario 2 Increase Sales Price and Variable Cost per Unit by 10 Percent Scenario 3 Decrease Fred Cost by 20 Percent 540.00 Unit Contribution Margin Contribution Margin Ratio 72.00% % Sales Revenue Variable Costs Contribution Margin Income Statement 750,000 210,000 231,000 Contribution Margin $ 540,000 Fixed Costs 198,000 Net Operating Income