recent monthly contribution format Income statement: Sales Variable expenses Contribution margin Fixed expenses $ 1,630,000 733,700 896,300 Net operating income (loss) 986,000 $ (89,700) In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following Information: East Sales $ 420,000 Division Central $ 640,000 West $ 570,000 Variable expenses as a percentage of sales Traceable fixed expenses 53% 38% 47% $ 262,000 $ 325,000 $ 209,000 Required: 1. Prepare a contribution format Income statement segmented by divisions. 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $23,000 based on the belief that it would Increase that division's sales by 14%. Assuming these estimates are accurate, how much would the company's net operating Income Increase (decrease) If the proposal is implemented? 2-b. Would you recommend the Increased advertising? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Prepare a contribution format income statement segmented by divisions. < Req 1 Division Total Company East Central West 0 0 0 0 0 $ 0 $ 0 $ 0 $ 0 Req 2A >