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 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 Common fixed expenses not traceable to offices Net operating income Office Total Company Chicago Minneapolis $ 499,500 249,750 100.00% 50.00% $ 166,500 100.00% $ 333,000 100.00% 49,950 30.00% 199,800 60.00% 249,750 50.00% 116,550 70.00% 133,200 40.00% 139,860 28.00% 86,580 52.00% 53,280 16.00% 109,890 22.00% $ 29,970 18.00% $ 79,920 24.00% 69,930 14.00% $ 39,960 8.00% Required: -a. Compute the companywide break-even point in dollar sales. -b. Compute the break-even point for the Chicago office and for the Minneapolis office. -c. Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even points? 2. By how much would the company's net operating income increase if Minneapolis increased its sales by $83,250 per year? Assume no change in cost behavior patterns. 3. Assume that sales in Chicago increase by $55,500 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.))