Western Travel uses the contribution margin income statement internally. Western's first-quarter results follow. Click the icon to view the income statement.) Western's relevant range is between sales of $145,000 and $720,000. Requirements 1. Prepare contribution margin income statements at sales levels of $195,000 and $620,000. (Hint: Use the contribution margin ratio.) 2. Compute break-even sales in dollars. Shot 2.01 PM Requirement 1. Prepare the contribution margin income statement at the $195,000 level (Round interim percentages to the nearest whole percent. Enter losses with a minus sign or parentheses.) Western Travel Contribution Margin Income Statement Shot 2.11 PM Shot 2.49 PM Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss) Prepare the contribution margin income statement at the $620,000 level. (Round interim percentages to the nearest whole percent. Enter losses with a minus sign or parentheses.) Western Travel Contribution Margin Income Statement Sales revenue Shot 1.51 PM Less: Variable expenses Contribution margin Less: Fixed expenses Choose from any list or enter any number in the input fields and then continue to the next question. Shot 0.01 PM Prepare the contribution margin income statement at the $620,000 level. (Round Interim percentages to the percent. Enter losses with a minus sign or parentheses.) Western Travel Contribution Margin Income Statement Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss) Requirement 2. Compute break-even sales in dollars. Begin by identifying the formula to compute the break-even sales in dollars. ]) Break-even sales in dollars Compute break-even sales in dollars. (Round your answer up to the nearest dollar) The break-even sales in dollars is $ - - X ata Table Western Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue $ 315,500 (126,000) Less: Variable expenses Contribution margin 189,500 (150,000) Less: Fixed expenses $ CA 39,500 Operating income Print Done ) IT