Required information SB Exercise 6-16 through Exercise 6-17 (Algo) The following information applies to the questions displayed below) Raner. Harris & 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: Sales Variable expenses Contribution margin Traceable fixed expenses office segment margin Connon fixed expenses not traceable to office Net operating income Total Company $463,500 100.00 231,250 50.004 231,750 50.000 129.780 20.000 101.970 22.000 ortice Chicago Minneapoli $154,500 100.000 $ 309.000 100.000 46,350 20.000 185,400 60.000 100, 150 70.000 123,600 40.000 30 240 52.000 49,440 16.000 $ 27,810 18.00 24,160 24.000 64,890 $ 37.000 14.000 8.000 Exercise 6-16 Part 3 (Algo) Working with a Segmented Income Statement: Break-Even Analysis (L06-4, LO6-5] 3. Assume that sales in Chicago increase by $$1,500 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)) Exercise 6-16 Part 3 (Algo) Working with a Segmented Income Statement; Break-Even Analysis (L06-4, LO6-5] 3. Assume that sales in Chicago increase by $51,500 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 (.e. 0.1234 should be entered as 12.3 and other answers to the nearest whole dollar:)) Total Company Chicago Segments Minneapolis Amount Amount % Amount %