Our company has 4 divisions: North, South, East and West. The company executives are concerned about the North division's performance. The following information is available for the month of June: Sales $3,350 Variable production costs $1,005 Variable selling expenses $335 Fixed direct selling and admin expenses $600 Allocated indirect fixed overhead costs $900 All variable costs are direct costs. Prepare an income statement showing contribution margin, contribution to indirect expenses and net income for North. Explain the division's performance using your statement