You own an outdoor theatre, putting on shows (in the summer).

Financial information for the 2022 season is below:

Total fixed costs: $1,800,000

Variable costs per (admission) ticket sold: $6

Ticket sales: 60,000 tickets

Ticket price: $30 per ticket

Other revenues: None

The following is predicted for the 2023 season:

Ticket price (per ticket) will increase by $5 in 2023

Variable cost (per ticket) will decrease by $1.50 (more using the app for tickets) in 2023

Fixed costs will increase by $100,000 for ticket app development and maintenance.

$140,000 increase in advertising will result in a 25% increase in tickets sold

Prepare (in the box below) a 2023 Contribution Format Income Statement