Just need question #2 answered they have a red X for incorrect!

Show Me How Calculator Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief executive officer (CEO) evaluates divisional performance using income from operations as a percent of revenues. The following quarterly income and expense accounts were provided from the trial balance as of December 31 Revenues-- Region Revenues S Region Revenues-W Region Operating Expenses-- Region Operating Expenses - Region Operating Expenses --W Region Corporate Expenses-Dispatching Corporate Expenses-Equipment Management Corporate Expenses-Treasurer's General Corporate Officers' Salaries $3.700.000 5,673,000 5,130,000 2.678.500 4,494,890 2.770.050 182.000 1.200.000 734,000 1,380,000 The company operates three service departments the Dispatching Department, the Equipment Management Department, and the Treasurer's Department. The Dispatching Department manages the scheduling and releasing of completed trains. The Equipment Management Department manages the railroad cars inventories. It makes sure the right freight cars are at the right place at the right time. The Treasurer's Department conducts a variety of services for the company as a whole. The following additional information has been gathered North South West 1.105 Number of scheduled trains Number of railroad cars in inventory 6.000 8.400 Required: 1. Prepare quarterly income statements showing income from operations for the three regions. Use three column headings North, South, and West. Round your interim calculations to three decimal places, if required. Thomas Railroad Company Divisional Income Statements For the Quarter Ended December 31 Raven 5,673,000 S 5130.000 3.780,000 2.678.500 1770 OSO Operating expenses w e are L101.500 Income from person before Service department charges Diding E ment management 1000 2. Compute the profit margin. Division Profit Margin 3.95 X % North Region South Region 3.67 X % West Region 8.44 X 96