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.) Mountain Division Valley Division Corporate Sales Cost of sales Gross margin SG&A 13.0 52.0 Allocated corporate costs Operating income Tax expense (@25%) After-tax income $ 128.4 56.00 % 46.50 % 49.00 % Gross margin percentage Operating margin Profit margin 28.00 % 19.20 % 21.40 % 21.00 % 14.40 % 16.05 %