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: Total Company $ 712,500 100.00 384,750 54.08 327,750 46.08 159,600 22.48 Sales Variable expenses Contribution margin Traceable fixed expenses office segment margin Common fixed expenses not traceable to offices Net operating income Orice Chicago Minneapolis $ 142,500 1000 $570,000 100 42,750 30% 342,000 60% 99,750 700 228,000 400 74,100 528 85,500 158 $ 25,650 18% $ 142,500 25 168, 150 23.6% 16.09 114,000 $ 54,150 7.69 3. Assume that sales in Chicago Increase by $47,500 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the company. (Round your percentage answers to 1 decimal place fi..0.1234 should be entered as 12.3).) Segments Total Company Chicago Minneapolis Amount % Amount % Amount % 190,000 100.0 760,000 399,000 100.0 s 525 100.0 30,0 60.0 Sales Variable expenses Contribution margin Traceable fixed expenses 361.000 47.5 190.000 70,0 0 40.0 21.0 39.0 15.0 361.000 26.5$ 190,000 31.0 $ 0 25.0 Office segment margin Common fixed expenses not traceable to segments Net operating income 150 $ 361,000 11.5