Shannon Company segments its income statement into its North and South Divisions. The company's overall sales, contribution margin ratio, and net operating income are $$350,000,32\%,$ and $$7,000,$ respectively. The North Division's contribution margin and contribution margin ratio are $$75,600$ and $36\%,$ respectively. The South Division's segment margin is $$15,400.$ The company has $$38,500$ 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. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. $($Round your percentage answers to $1$ decimal place $($i$.$e $.1234$ should be entered as $12\mathrm{.}3).)$

$\backslash$table$[[$:$.,$Total Company,North Division,South Division$],[$Amount$,\%,$Amount,$\%,$Amount,$\%$