Hernandez Enterprises has two divisions-Retail and Wholesale. Cost and revenue data for each division for the current month are as ollows. n addition, fixed costs that are common to both divisions amount to $96,000. Required: . Prepare the company's responsibility income statement for the current month. Report the responsibility margin for each division and ncome from operations for the company as a whole. Also include columns showing all dollar amounts as percentages of sales. -1. According to the analysis performed in part a, which division is most profitable in terms of dollars of responsibility margin that it ontributes to the company? -2. Should the common fixed costs be considered when determining the profitability of the two divisions individually? : The company has $15,000 to be used in advertising for one of its two divisions and expects that this expenditure will result in dditional sales of $60,000. How should the company decide which division to advertise? 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. (Round your percentage answers to the nearest whole percentage.)