Crossfire Company segments its business into two regionsEast and West. The company prepared a contribution format segmented income statement as shown below: Total Company East West Sales $ 1,080,000 $ 780,000 $ 300,000 Variable expenses 810,000 624,000 186,000 Contribution margin 270,000 156,000 114,000 Traceable fixed expenses 161,000 66,000 95,000 Segment margin 109,000 $ 90,000 $ 19,000 Common fixed expenses 78,000 Net operating income $ 31,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the East region. 3. Compute the break-even point in dollar sales for the West region. 4. Prepare a new segmented income statement based on the break-even dollar sales that you computed in requirements 2 and 3. What is Crossfires net operating income (loss) in your new segmented income statement? 5. Do you think that Crossfire should allocate its common fixed expenses to the East and West regions when computing the break-even points for each region?