Complete this question by entering your answers in the tabs below. Prepare contribution format segmented income statements for the total company broken down between sales ternitories percentage answers to one decimal place (i.e .1234 should be entered as 12.3).) Complete this question by entering your answers in the tabs below. Prepare m tribution format segmented income statements for the Northern Territory broken down by product line. (Rour answers to one decimal place (i.e .1234 should be entered as 12.3).) Vulcan Company's contribution format income statement for June is as follows: Management is disappointed with the company's performance and is wondering what can be done to improve profits. By examining sales and cost records, you have determined the following: a. The company is divided into two sales territorles - Northern and Southern. The Northern Territory recorded $400,000in sales and $168,000 in variable expenses during June: the remaining sales and varlable expenses were recorded in the Southern Territory. Fixed expenses of $204,000 and $120,000 are traceable to the Northern and Southern Territorles, respectlvely. The rest of the fixed expenses are common to the two territorles. b. The company is the exclusive distributor for two products-Paks and Tibs. Sales of Paks and Tibs totaled $210,000 and $190,000, respectively. In the Northern terrtory during June. Varlable expenses are 23% of the selling price for Paks and 63% for Tibs. Cost records show that $90,300 of the Northern Territory's fixed expenses are traceable to Paks and $34.200 to Tibs, with the remainder common to the two products. Requlred: 1-a. Prepare contrbution format segmented income statements for the total company broken down between sales territorles. 1-b. Prepare contribution format segmented income statements for the Northern Territory broken down by product line. Complete this question by entering your answers in the tabs below