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 Allocated corporate costs Operating income Tax expense (@20%) After-tax income 10.0 50.0 $ 101.8 55.00 % Gross margin percentage Operating margin Profit margin 40.00 % 20.00 43.00 % 21.20 26.00 % 20.80 % 16.00 % 16.96 %