Exercise 4.11 (Aigo) Segmented Income Statement [LO4-4] Wingate Compony, a wholesale distributor or electronic equigment, has been experikncing losses lor weme time, as shown by ita most recent moathly contribution format income statement: In an effort to resolve the problem, the compary would like to prepare an income statement scomiented by dision Accordngh the Accounting Department has developed the following information. Required: 1. Prepare a contribution format income statement segmented by divisons. 2.a. The Marketing Department has proposed increasing the West Disians monthly advertising by $21,000 based on the beief that ? 2.0. The Mowering Department increase that division's sales by 16%. Assuming these estimates are occurate, how much would the compeoys net operating income increase (decrease) if the proposal is impiemented? 2.b. Would you recommend the increased advectising? Camplete this question by entering your answers in the tabs below