Exercise 5-11 Spencer Kars provides shuttle service between four hotels near a medical center and an international airport. Spencer Kars 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 statement is shown below. Fare revenues (1,340 fares) $ 38,860 Variable costs Fuel $ 5,658 Tolls and parking 3.480 Maintenance 366 10,104 Contribution margin 28.756 Fixed costs Salaries 12.800 Depreciation 1.400 Insurance 970 15,170 Net Income $ 13,586 Your answer is correct Calculate the break-even point in dollars HOO Break-even point Your answer is correct. Calculate the break-even point in number of fares. (Round answer to 0 decimal places, Break-even point 707 fares SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: APPLIED SKILLS X Your answer is incorrect. Try again. Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even point 5330 S