HW 6 i 7 ! Required information Part 3 of 3 2 points Saved [The following information applies to the questions displayed below.] Raner, Harris and Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices-one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given: Office Total Company Chicago Minneapolis Sales $ 463,500 eBook Variable expenses 231,750 100.00% 50.00% $ 154,500 46,350 100.00% 30.00% $ 309,000 185,400 100.00% 60.00% Contribution margin 231,750 50.00% 108,150 70.00% 123,600 40.00% Traceable fixed expenses 129,780 28.00% 80,340 52.00% 49,440 16.00% Office segment margin 101,970 22.00% $ 27,810 18.00% $ 74,160 24.00% Print Common fixed expenses not traceable to offices 64,890 14.00% Net operating income $ 37,080 8.00% References 3. Assume that sales in Chicago increase by $51,500 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the company. (Round your intermediate calculations and percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3 and other answers to the nearest whole dollar.)) Traceable fixed expenses Common fixed expenses not traceable to segments Contribution margin Segments Total Company Chicago Minneapolis Amount % Amount % Amount % 0 0.0 0 0.0 0 0.0 0 0.0 $ 0 0.0 $ 0 0.0 Beginning merchandise inventory $ 0 0.0