E5-16 Calculating Contribution Margin and Contribution Ratio, Preparing Contribution Margin Income Statement [LO 5-5] Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold Total costs 850 Variable costs S 92,500 S 129,500 $157,250 178,500178,500 178,500 $271,000 S 308,000 $335,750 Total costs Cost per unit Variable cost per unit Fixed cost per unit $ 185.00 S 185.00 S 185.00 255.00 210.00 542.00 S 440.00 $ 395.00 2 357.00 Total cost per unit Riverside sells its canoes for $650 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 variation of Riverside's original data. (Round your unit contribution margin and contribution margin ratio to two dec mal places i e .1234 should be entered as 12.34% and all other answers o he nearest dollar amount