Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 500 700 850 Total costs Variable costs $87.500 $122,500 $148,750 Pixed costa 178,500 178,500 178.500 Total costs $266,000 $301,000 $327,250 Cost per unit Variable cost per unit $ 175.00 $ 175.00 $ 175.00 Fixed cost per unit 357.00 255.00 210.00 Total cost per unit $ 532.00 430.00 $385.00 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 (l.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 Answer is not complete. Scenario 2 Scenario 3 Increase Sales Decrease Fixed Price and Variable Cost per Unit by Cost by 20 should be entered as 12.34%) and all other answers to the nearest dollar amount.) Answer is not complete. Scenario 1 Raises Sales Price to $750 per Canoe Scenario 2 Increase Sales Price and Variable Cost per Unit by 10 Percent $ 515.00 Scenario 3 Decrease Fixed Cost by 20 Percent $ 575.00 IS 475.00 Unit Contribution Margin Contribution Margin Ratio % % 73.08 % Sales Revenue Varian. Costs Contribution Margin Income Statement 750,000 175,000 192,500 $ 650,000 175,000 575,000 Contribution Margin Fixed Costs $ 475,000 178,500 178,500 142,800 Net Operating Income $ 396,500 $ 332,200