4 Part 2 of 2 1 points Required information Exercise 7-16 Working with a Segmented Income Statement; Break-Even Analysis (L07-4, LO7-5) [The following information applies to the questions displayed below) Raner, Harris & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices-one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given: orrice Total Company Chicago Minneapolis Sales $ 675,000 100.00 $ 135,000 1000 $540,000 1000 Variable expenses 54.00 40,500 303 324.000 601 Contribution margin 310,500 46.00 94,500 700 216,000 400 Traceable fixed expenses 151,200 22.40 70.200 520 81,000 office segment margin 159,300 23.68 $ 24,300 185 $ 135,000 256 Common fixed expenses not traceable to offices 100,000 16.00 Het operating income $ 51,300 7.60 Book 150 Files Print References Exercise 7-16 Part 2 2. Assume that sales in Chicago increase by $45,000 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the company. (Round your percentage answers to 1 decimal place (.e. 0.1234 should be entered as 12.3).) Segments Minneapolis Total Company Amount Chicago Amount % Amount % 0.0 0 0 0.0 0 0.0 0 0.00 $ 0.0 0 $ 0 0.0 $ 0 0.0 3 Prey 5