ECW Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement: Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) $ 1,570,000 665,400 904,600 995,000 $ (99,400) 56:02 In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following information: Sales Variable expenses as a percentage of sales Traceable fixed expenses East $380,000 58% $292,000 Division Central $640,000 30% $331,000 West $550,000 46% $ 201,000 Required: 1. Prepare a contribution format income statement segmented by divisions. Complete this question by entering your answers in the tabs below. Reg 1 Prepare a contribution format income statement segmented by divisions. Division Total Company East Central 0 0 0 0 $ 0 $ 0 $ $ 0