Crossfire Company segments its business into two regions-East and West. The company prepared a contribution format segmented income statement as shown below: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Total Company $ 1,170,000 877,500 292,500 166,000 East $ 720,000 West $ 450,000 576,000 144,000 67,000 301,500 148,500 99,000 126,500 60,000 $ 77,000 $ 49,500 $ 66,500 Net operating income 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 you computed in requirements 2 and 3. What is Crossfire's net operating income (loss) in your new segmented income statement? 5. Do you think Crossfire should allocate its common fixed expenses to the East and West regions when computing the break-even points for each region?