Hopper Travel uses the contribution margin income statement internally. Hopper's second-quarter results are as follows:

Hopper's relevant range is sales of between $100,000 and $640,000.
Requirements
1. Prepare contribution margin income statements at sales levels of $200,000 and $420,000.
2. Compute breakeven sales in dollars.

Hopper Travel Contribution Margin Income Statement Three Months Ended June 30 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses $ 500,000 $ 380,000 $ 209,000 Operating income