please help

Millard Corporation is a wholesale distributor of office products. It purchases office products from manufacturers and distributes them in the West, Central, and East regions. Each of these regions is about the same size and each has its own manager and sales staff The company has been experiencing losses for many months. In an effort to improve performance, management has requested that the monthly income statement be segmented by sales region. The company's first effort at preparing a segmented income statement for May is given below. Sales Region Central $ 296,000 East $704.000 Sales Regional expenses (traceable): Cost of goods sold Advertising Salaries Utilities Depreciation Shipping expense Total regional expenses Regional income (loss) before corporate expenses Corporate expenses Advertising (general) General administrative expense Total corporate expenses Net operating income (loss) 241.000 238.000 55.000 15,600 33,000 34,00 616,00 179.400 21.000 311.000 236,000 109.00 13,500 26.000 41.000 736,500 (32,500) 13.000 26 Se 17,500 39.000 37,000 14,000 22.000 36.000 $ (18,500) 118,400 S (01.500) The cost of goods sold and shipping expense are both variable. All other costs are fixed Required: 3. Prepare a new contribution format segmented income statement for May (Round percentage answers to 1 decimal place) Required: 3. Prepare a new contribution format segmented income statement for May (Round percentage answers to 1 decimal place.) West East Total Company Amount Central Amount Amount % Amount % Variable expenses Total variable expenses Traceable fixed expenses Total traceable food expenses Common foed expense Total common faced expense Net operating income foss)