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 te income statements tor both disions 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 Alocated corporate costs Operating income Tax expense l@20%) After-tax income 64.0 19.2 123.2 62 001 % 22.00 17.60 4200 % 2200 % 17.60 % 4800 % 2200 % 17.60 % Gross margin percentage Operating margin Profit margin 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 te income statements tor both disions 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 Alocated corporate costs Operating income Tax expense l@20%) After-tax income 64.0 19.2 123.2 62 001 % 22.00 17.60 4200 % 2200 % 17.60 % 4800 % 2200 % 17.60 % Gross margin percentage Operating margin Profit margin