SB Exercise 6-16 through Exercise 6-17 (Static) [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: Office Total Company Chicago Minneapolis Sales $ 450,000 100% Variable expenses 225,000 50% $ 150,000 45,000 100% $ 300,000 100% 30% 180,000 60% Contribution margin 225,000 50% 105,000 708 120,000 40% Traceable fixed expenses 126,000 288 78,000 52% 48,000 16% Office segment margin 99,000 22% $ 27,000 18% $ 72,000 24% Common fixed expenses not traceable to offices 63,000 14% Net operating income $ 36,000 8% Exercise 6-16 Part 3 (Static) Working with a Segmented Income Statement; Break-Even Analysis [LO6-4, LO6-5] 3. Assume that sales in Chicago increase by $50,000 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 percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3).) Total Company Amount Segments Minneapolis % Chicago % Amount % Amount