Need help on requirement $2$ ; Jamison Travel uses the contribution margin income statement internally. Jamison's first quarter results are as follows:

$($Click the icon to view the income statement.$)$

Jamison's relevant range is sales of between $$120,000$ and $$630,000.$

Read the requirements.

Requirements

Requirement $1.$ Prepare contribution margin income stater

Begin by preparing the contribution margin income stateme

a minus sign or parentheses.$)$

Jamison Travel

Contribution Margin Income Statement

Three Months Ended March $31$

Prepare contribution margin income statements at sales levels of $$230,000$

and $$400,000.($Hint: Use the contribution margin ratio.$)$

Compute breakeven sales in dollars.

Now prepare the contribution margin income statement at the $$400,000$ level. $($Rour

minus sign or parentheses.$)$

Jamison Travel

Contribution Margin Income Statement

Three Months Ended March $31$

Data table

Requirement $2.$ Compute breakeven sales in dollars.

Begin by identifying the formula to compute the breakeven sales in dollars.