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 officesone 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 Common fixed expenses not traceable to offices Net operating income Total Company $ 489,000 100% 244,500 50% 244,500 50% 136,920 28% 107,580 22% 68,460 14% $ 39,120 8% Office Chicago Minneapolis $ 169,500 100% $ 319,500 100% 50,850 30% 191,700 60% 118,650 70% 127,800 40% 88,140 52% 51,120 16% 30,510 18% 76,680 24% 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 $56,500 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.))