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 $380,000,34%, and $7,600, respectively. The North Division's contribution margin and contribution margin ratio are $83,600 and 38%, respectively. The South Division's segment margin is $19,200. The company has $45.600 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 os 12.3 ).)