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Required Information [The following information applies to the questions displayed below) Raner, Harris & Chan is a consulting firm that specializes in Information systems for

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Required Information [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 vartable 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 $ 535,500 100.00% 269.750 50. sex 267,750 50.00 149,00 21.00% 117,810 22.00% 74,970 14.00 5 42,840 office Chicago Minneapol $ 178,500 100.00% $ 357,000 100.0 53,550 30.00 214,200 0.00 124,950 70.00% 142, 40.00 92,820 52.00 57,120 16.00 $32,130 18.0055,600 24.00 2. By how much would the company's net operating income increase if Minneapolis Increased its sales by $89,250 per year? Assume no change in cost behavior patterns. Net operating income increase

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