Required 1 Required 2 Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rice, Limited Contribution Income Statement Product White Fragrant Loonzain Total Percentage of total sales % % % % % Required 1 Required 2 Compute the break-even point in dollar sales for the month based on your actual data. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Break-even point in dollar salesGold Star Rice, Limited, of Thailand exports Thai rice throughout Asia. The company grows three varieties of riceWhite, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming month are shown below: Product White Fragrant Inonzain Total Percentage of total sales 43% 20% 32% 100% Sales $ 350,400 100% $ 146,000 100% 5 233,600 100% $ 730,000 100% Variable expenses 105,120 30% 116,300 30% 123,430 55% 350,400 43% Contribution margin $ 245,200 70% $ 29,200 20% 5 105,120 45% 339,600 52% Fixed expenses Net Operating incm'ne $ 146,120 Dollar sales to break-even = Fixed expenses {CM ratio = $233,430.:f 0.52 = $449,000 As shown by these data, net operating income is budgeted at $146,120 for the month and the estimated break-even sales is $449,000. Assume that actual sales for the month total $730,000 as planned; however, actual sales by product are: White, $233,600; Fragan $292,000; and Loonzain, $204,400. Required: 1. Prepare a contribution format income statement for the month based on the actual sales data. 2. Compute the break-even point in dollar sales for the month based on your actual data