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 your answers to 1 decimal place.) Sales Cost of sales Gross margin SG&A Mountain Division Valley Division Corporate Allocated corporate costs 22.8 Operating income Tax expense (@25%) After-tax income 76.0 $ 100.8 Gross margin percentage 68.00 % 38.00 % 47.00 % Operating margin 28.00 % 20.00 % 22.40 % Profit margin 21.00 % 15.00 % 16.80 %