Hernandez Enterprises has two divisionsRetail and Wholesale. Cost and revenue data for each division for the current month are as follows. Divisions Retail Wholesale Sales $ 500,000 $ 360,000 Variable costs as a percentage of sales 30 % 40 % Fixed costs traceable to product lines $ 250,000 $ 120,000 In addition, fixed costs that are common to both divisions amount to $96,000. Required: a. Prepare the company's responsibility income statement for the current month. Report the responsibility margin for each division and income from operations for the company as a whole. Also include columns showing all dollar amounts as percentages of sales. b-1. According to the analysis performed in part a, which division is most profitable in terms of dollars of responsibility margin that it contributes to the company? b-2. Should the common fixed costs be considered when determining the profitability of the two divisions individually? c. The company has $15,000 to be used in advertising for one of its two divisions and expects that this expenditure will result in additional sales of $60,000. How should the company decide which division to advertise