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Required information Exercise 7-16 Working with a Segmented Income Statement; Break-Even Analysis [LO'l-d, LO7-5] {The following infonnatlon applies to the questions displayed below] Raner, Harris & Chan is a consulting rm that specializes in information systems for medical and dental clinics. The rm has two officesone in Chicago and one in Minneapolis. The rm classies 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 $1,012,500 100.0% $202,500 100% $810,000 100% Variable expenses 546,750 486,000 Contribution margin 4-65,?50 141,?50 324,000 Traceable fixed expenses 226,800 105,300 121,500 Office segment margin 238,950 $ 35,450 $202,500 Common fixed expenses not traceable to offices 162,000 Net operating income 7 6 , 950 [ Exercise 7-16 Part 2 2. By how much would the company's net operating income increase if Minneapolis increased its sales by $101,250 per year? Assume no change in cost behavior patterns