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: 8. 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-taxx income 14.0 56.0 70.0 5 $ 115,4 Gross margin percentage Operating margin Profit margin 65.00% 25.00% 20.00% 52 50% 21.50% 17.20% 55.00% 22 20 % 17.78%