am.xF0.32849785380088625 Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement which foliows: $ 1,573,000 888,010 Sales Variable expenses Contribution margin Foxed expenses 904.990 995,000 Net operating income (loss) s (00.010) In an effort to isolate the problem, the president has asked for an income statement segmented by divisin Accordingly, the Accounting Deparment has developed the folowing information Division Central 383.000 $830,000$580,000 East West Sales Variable expenses as a percentage of sales Traceable foced expenses 29% 5203,000 $320.000 $208.000 Required: a coneribution format income satement segmented by divisions, as desired by the president Division Total Company EastCentralWest 2-a As a resuit of a aketing sudy, the president believes that sales in the West Division could increased by 19 % f monthly advertising in that division were increased by S28.000. Calculate n net operating income het the increased advertising? Hints References Book & Resources