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Exercise 4-11 (Algo) Segmented Income Statement (L044] Wingate Company. a wholesale distributor of electronic equipment. has been experiencing losses lot some time. as Shmvn by most recent monthty contribution format inCCMT1e statement: Variable margin Net ing (loss) 622, gee 981, aae S (97, see) In an effort to resolve the problem. the company would Oke to prepare an income Statement segmented by the Accounting Department has developed the information: V.riable Required: sales syga. S 262, sszee S333,eee s ss.e '197 , aea prepare a format income Statement Segmented by divisions. The Marketing Department nas the West Division'S monthly advertising by based an it ld that division'S sales by Assuming ere accurate. how much would the company' net income increase if proposal iS implemented? 2-0 Would ytyu recommend this by a format i in ttw tabs below.