! Required information [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 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 Office Total Company Chicago Minneapolis $ 504,000 252,000 100.00% 50.00% $ 168,000 50,400 100.00% 30.00% $ 336,000 100.00% 201,600 60.00% 252,000 50.00% 117,600 70.00% 134,400 40.00% 141,120 28.00% 87,360 52.00% 53,760 16.00% 110,880 22.00% $ 30,240 18.00% $ 80,640 24.00% 70,560 14.00% $ 40,320 8.00%