Middleton Associates is a consulting firm that specializes in information systems for construction and landscaping companies. The firm has two offices--one in Toronto and one in Vancouver. The firm classifies the direct costs of consulting Jobs as variable costs. A segmented contribution format income statement for the company's most recent year is given below: Office Total Company Toronto Vancouver Sales Variable expenses $840,000 100.04 $140,000 1001 $700,000 1089 378,000 45.00 Contribution margin 28,000 20 350,000 50 Traceable fixed expenses 462,000 55.00 112,000 80 350,000 50 180,600 21.50 75,600 54 105,000 15 office segment margin 281,400 33.50 $ 36,400 264 $245,000 359 Connon fixed expenses not traceable to offices 210,000 25.00 Operating income $71,400 8.50 Required: 1. By how much would the company's operating income increase if Vancouver increased its sales by $79,000 per year? Assume no change in cost behaviour patterns. Increase in operating income 2-a. Refer to the original data. Assume that sales in Toronto Increase by $160,000 next year and that sales in Vancouver remain unchanged. Assume no change in fixed costs. Prepare a new segmented income statement for the company. (Round your percentage answers to 2 decimal places.) Total Company Amount % Toronto Amount Segments Vancouver % Amount 76