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 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 $ 456,000 100% 229,000 50% 227,000 50% 126,800 28% 100, 200 22% 64,000 14% $ 36,200 8% Office Chicago Minneapolis $ 153,000 100% $ 303,000 1% 47,000 30% 181,800 60% 106,000 70% 121,200 40% 78,400 52% 48,480 16% 27,600 18% $ 72,720 24% 3. Assume that sales in Chicago increase by $51,000 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.)) Answer is complete but not entirely correct. Segments Total Company Chicago Minneapolis Amount % Amount % Amount % Sales 507,000 100.0 $ 303,000 30.0 X 181,800 100.0 60.0 253,500 X Variable expenses Contribution margin Traceable fixed expenses 100.0 $ 204,000 50.0 X 61,200 X 50.0 142,800 25.0 64,400 X 70.0 40.0 31.6 X 38.4 253,500 126,800 126,700 64,000 62,700 121,200 72,720 X $ 48,480 24.0 x 16.0 25.0 Office segment margin Common fixed expenses not traceable to segments Net operating income $ 78,400 0 12.6 12.4 $