16 Crossfire Company segments its business into two regions-East and West The company prepared a contribution format segmented income statement as shown below. Total 14 points Company Contribution margin eBook Sales Variable expenses Traceable fixed expenses $975,000 East $650,000 West $325,000 731,250 520,000 211,250 243,750 130,000 139,000 55,000 113,758 84,000 Segment margin 104,750 $ 75,000 $ 29,750 Hint Common fixed expenses 73,000 Print Net operating income $ 31,750 Ruferences Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the East region 3. Compute the break-even point in dollar sales for the West region. 4. Prepare a new segmented income statement based on the break-even dollar sales that you computed in requirements 2 and 3. Use the same format as shown above. What is Crossfire's net operating income (loss) in your new segmented income statement? 5. Do you think that Crossfire should allocate its common fixed expenses to the East and West regions when computing the break- even points for each region?