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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

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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 form 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 segnent margin Common fixed expenses not traceable to offices Net operating Incone Total Company $460.000 100% 232-200 5 233,000 50 131 440 2 102,360 22 65,240 145 $32.120 BN Office Chicago Minneapolis $ 150.000 100% $ 100,00 100% 47,400 30x 1840,000 60% 110,600 70% 123,200 401 2160 52% 40200 16% 5281,440 73,920 24% 183 Exercise 6-16 Part 2 (Algo) Working with a Segmented Income Statement; Break-Even Analysis (LO6-4, LO6-5] 2. By how much would the company's net operating income increase if Minneapolis increased its sales by $79.000 per year? Assume no change in cost behavior patterns. Not oporating income increase

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