Required information SB Exercise 6-16 through Exercise 6-17 (Algo) [The following information applies to the questions displayed below.] Raner, Harris and Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices-one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given: Office Total Company Chicago Minneapolis Sales $ 522, 000 100 . 00% $ 174 , 000 100 . 008 $ 348 , 000 100 . 008 Variable expenses 261, 000 50. 008 52 , 200 30 . 008 208, 800 60. 008 Contribution margin 261, 000 50 . 008 121 , 800 70 . 008 139 , 200 40 . 008 Traceable fixed expenses 146, 160 28 . 008 90 , 48 52 . 008 55 , 680 16 . 008 Office segment margin 114, 840 22 . 008 $ 31, 320 18 . 008 $ 83, 520 24 .008 Common fixed expenses not traceable to offices 73, 080 14. 008 Net operating income $ 41, 760 8 . 008 nces Exercise 6-16 Part 3 (Algo) Working with a Segmented Income Statement; Break-Even Analysis [LO6-4, LO6-5] 3. Assume that sales in Chicago increase by $58,000 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the company. (Round your intermediate calculations and percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3 and other answers to the nearest whole dollar.)) Segments Total Company Chicago Minneapolis Amount % Amount % Amount % JUN 28 MacBook Pro