Riverside Incorporated makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit 550 750 $ 112,750 148,500 $ 153,750 148,500 $ 261,250 $ 302,250 $ 205.00 270.00 $ 205.00 198.00 $ 475.00 $ 403.00 900 $ 184,500 148,500 $ 333,000 $ 205.00 165.00 $ 370.00 Total cost per unit Riverside sells its canoes for $550 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. Note: Round your unit contribution margin and contribution margin ratio to 2 decimal places (i.e. 0.1234 should be entered as 12.34%) and all other answers to the nearest dollar amount. Unit contribution margin Contribution margin ratio Sales revenue Variable costs Contribution margin Fixed costs Net operating income Scenario 2 Increase Scenario 1 Raises Sales Price to $650 per Canoe Sales Price and Variable Cost per Scenario 3 Decrease Fixed Unit by 10 Percent Cost by 20 Percent % % Contribution Margin Income Statement %