Bovine Company, a wholesale distributor of umbrellas, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement: Variable expenses $2.110.000 915.10 Centribution Fixed expenses in 1,194,120 1,327,000 Operating loss $ 132,180) In an effort to isolate the problem, the president has asked for an income statement segmented by geographic market. Accordingly, the Accounting Department has developed the following Geographie Market South $611,600 Central 810.000 $689,000 Variable expenses & percentage of sales $320,000 $531,000 $311,000 Required: 1. Prepare a contribution format income statement segmented by geographic market, as requested by the president South Central North MacBook Air 0 400 5000 cable to geographic mars 000 expenses Operating income 2-a. The company's sales manager believes that in the Central Geographic market could be increased by 15 advertising is increased by $36.000. Calculate the incremental net operating income monthly 25. Would you recommend the increased advertising SOMET BORNHOTO8009 MacBook Air VEEB M command command