Riverside Incorporated makes one model of wooden canoe. Partial information for it follows: 27 Number of Canoes Produced and Sold 400 Total costs Fixed costs $ 50,000 90,000 Variable costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit ces $ 140,000 600 $ 75,000 90,000 $ 165,000 $ 125.00 225.00 $ 350.00 $ 125.00 150.00 $275.00 750 $ 93,750 90,000 $ 183,750 $ 125.00 120.00 $ 245.00 Riverside sells its canoes for $430 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 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 entere 12.34%) and all other answers to the nearest dollar amount. Scenario 1 Raises Sales Price to $530 Scenario 2 Increase Sales Price and Variable Coat per Scenario 3 Decrease Fixed 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. Scenario 2 Increase Scenario 1 Raises Sales Price to $530 per Cance Sales Price and Variable Cost per Unit by 10 Percent Unit contribution margin $ 130.00 Contribution margin ratio 0.25 % % Contribution Margin Income Statement Contribution margin Net operating Income Scenario 3 Decrease Fixed Cost by 20 Percent % Note: Round your unit contribution margin and contribution margin ratio to 2 decimal places (i.e. 0.12 12.34%) and all other answers to the nearest dollar amount. 0 Unit contribution margin ces Scenario 1 Raises Sales Price to $530 per Canoe 130.00 Scenario 2 Increase Sales Price and Variable Cost per Unit by 10 Percent Scenario 3 Decrease Fixed Cost by 20 Percent Contribution margin ratio 0.25 % Contribution Margin Income Statement Contribution margin Net operating income %