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Shannon Company segments its income statement in its North and South Division. The company's overall sales contribution margin ratio, and net operating income are $560.000,

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Shannon Company segments its income statement in its North and South Division. The company's overall sales contribution margin ratio, and net operating income are $560.000, 60%, and $56,000, respectively. The North Division's contribution margin and contribution margin ratio are $165,000 and 75%, respectively. The South Division's segment margin is $46,000 The company has $56,000 of common fixed expenses that cannot be traced to either division Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions (Round your percentage answers to 1 decimal place le 1234 should be entered as 12.3) Total Company Amount % North Amount Divisions South Amount 30 . 100 00 00 0 00 0 00 0 0 00$ $ 00

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