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Shamon Company segments its income statement into its North and South Divisions. The compary's owerall wish. contribution margin talio. aric net operating income are 51,050,000,409,

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Shamon Company segments its income statement into its North and South Divisions. The compary's owerall wish. contribution margin talio. aric net operating income are 51,050,000,409, and $21,000 respectively. The Narth Drision's contribution margin and contribution matgin ratio are $154,000 and 44% tespectively. The Sadth Divistonts segmetif mayon 15$175000 The company has 525,500 of common toeed expenses that cannot be traced to pither division Required: Pretare an income statement for Shannon Compary that uses the coritribution format and is segmented by divelons. In additiori. for the coinparty as a whole and for each segment, show each fem on the segmented income statements as a percert of talest (Roumd your percentege answers to 1 decimal place (1,6,12.3 d should be entered as 12.3)

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