Sandhill provides shuttle service between four hotels near a medical center and an international airport Sandhill uses two 10- passenger vans to offer 12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statementis shown below. $37,240 $5,005 1,588 855 Sales (1.330 passengers) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation Insurance Net income 7,448 29.792 13,500 2,000 1.300 16,800 $12.992 Sandhill provides shuttle service between four hotels near a medical center and an international airport Sandhill uses two 10- passenger vans to offer 12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statementis shown below. $37,240 $5,005 1,588 855 Sales (1.330 passengers) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation Insurance Net income 7,448 29.792 13,500 2,000 1.300 16,800 $12.992