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 $680,000, 60%, and $40,800, respectively. The North Division's contribution margin and contribution margin ratio are $210,000 and 75%, respectively. The South Division's segment margin is $58,000. The company has $68,000 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 (i.e.1234 should be entered as 12.3)) Answer is not complete. Total Company Amount % S 680,000 100.0 272%800 40.00 408,000 60.0 299,200 Sales Variable expenses Contribution margin Traceable fored expenses Territorial segment margin Common fixed expenses Net operating income North Amount S 280,000 70,000 210,000 159,200 $ 50,800 N Divisions South Amount 100.00 $ 400,000 25.0 202.000 75.0 198,000 140,000 58,000 % 100.0 50.5 49.5 108,800 49.5 68,000 40,800 $