Exercise 6-7 (Algo) Segmented Income Statement [L06-4) Shannon Company segments its income statement into its North and South Divisions. The company overall sales, contribution margin ratio and net operating income are 5720.000, 44% and $14.400, respectively. The North Division's contribution margin and contribution margin ratio are 5129,600 and 48% respectively. The South Division's segment margin is $76,500. The company has $122.400 of common fived expenses that cannot be traced to either division Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition for the company as a whole and for each segment show each teman the segmented income statements as a percent of sales (Round your percentage answers to 1 decimal place tl. 1234 should be entered as 12.3).) Total Company North Amount Divisions South Among