For its top managers, Pluto Travel formats its income statement as follows: (lick the icon to view the income statement.) Pluto's relevant range is between sales of $246,000 and $367,000. Read the requirements. Requirement 1. Calculate the contribution margin ratio. Select the labels and enter the amounts to calculate the contribution margin ratio. (Enter the contribution margin ratio as a whole percentage, X%.) 1. Calculate the contribution margin ratio. 2. Prepare two contribution margin income statements: one at the $246,000 sales level and one at the $367,000 sales level. (Hint: The proportion of each sales dollar that goes toward variable costs is constant within the relevant range.) Data table Pluto Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 \begin{tabular}{lrr} Net Sales Revenue & $13,500 \\ Variable Costs & 125,400 \\ Contribution Margin & 188,100 \\ Fixed Costs & 176,000 \\ \cline { 2 - 2 } Operating Income & $12,100 \\ \hline \end{tabular} Print Done