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 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 $ 477,000 100.00% 238,500 50.00% 238,500 50.00% 133,560 28.00% 104,940 22.00% 66, 780 14.00% $ 38,160 8.000 Office Chicago Minneapolis $ 159,000 100.00% $ 318,000 100.008 47,700 30.00% 190,800 60.00% 111,300 70.00% 127,200 40.00% 82,680 52.00% 50,880 16.00% $ 28,620 18.00% $ 76,320 24.00% rev: 06_09_2020_QC_CS-215744, 09_15_2020_QC_CS-220558, 11_04_2020_QC_CS-238526, 03_30_2021_QC_CS- 258090 3. Assume that sales in Chicago increase by $53,000 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.)) x Answer is not complete. Chicago Amount Total Company Amount % $ 477,000 100.0 238,500 x 50.0 X 238,500 50.0 Segments Minneapolis % Amount % 100.0 $ 318,000 100.0 30.0 190,800 60.0 70.0 127,200 40.0 50,880 16.0 Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to segments Net operating income 0 133,560 104,940 66,780 50.0 $ 0 70.0 $ 76,320 24.0 $ 38,160 50.0