As a part of an employment interview, you are given the partial income statement and selected financial ratios shown for Sneaky Pete's, a chain of western stores. Sneaky Pete's is organized into two divisions: Mountain and Valley. You are told that corporate overhead costs are allocated to divisions based on relative sales. Required: a. Complete the income statements for both divisions and the corporation as a whole. (Enter all values as positive value. Round you answers to 1 decimal place.) Mountain Division Valley Division Corporate Sales Cost of sales Gross margin SGRA Alocated corporate costs Operating income Tax expense (@20%) After-tax income 140 560 $ 348 Gross margin percentage Operating margin Profit margin 50.00% 17.60 14,10196 46.00% 22.40 % 17.92 % 49.00 21 20% 16.06