2 Wingate Company, wholesale distributor of electronic equipment, has been experiencing fosses for some time, as shown by its most recent monthly contribution format income statement Sales 50 Variable ex Contribution margin Fixed expenses et operating income (los) $1,610,000 612.100 997,900 3.098.000 (100,100) Tipo In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following information Division Est Central Bales 1410,000 $80,000 5520.00 Variable des percentage et males 53 29 308 Traceable fixed expenses 3261,000 $334,006 3193,000 Mest Pin Required: Prepare a contribution format Income statement segmented by divisions 2- The Marketing Department has proposed increasing the West Division's monthly advertising by $22,000 based on the belief that it would increase that division's sales by 14%. Assuming these estimates are accurate, how much would the company's net operating Income increase (decrease the proposal is implemented? 2b. Would you recommend the increased advertising