7 Part 2 of 4 Required information SB Exercise 7-16 through Exercise 7-17 (Algo) [The following information applies to the questions displayed below.] Raner, Harris and 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: 8.33 points eBook 30% Office Chicago Minneapolis $ 157,5ee 100% $ 315, eee 180x 47,25e 189, eee 60x 110.250 792 126,ee 48x 81,900 52% 58,480 16% $ 28,350 18% $ 75,600 24% Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Connon fixed expenses not traceable to offices Net operating income Print Total Company $ 472,560 1826 236, 250 sex 236, 250 Sex 132.3ee 28% 103,950 22% 66, 15e 14% $ 37,880 8x Exercise 7-16 Part 2 (Algo) Working with a Segmented Income Statement; Break-Even Analysis (L07-4, LO7-5) 2 By how much would the company's net operating Income Increase if Minneapolis Increased its sales by $78,750 per year? Assume no change in cost behavior patterns. Net operating income increase