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 $640 000 60%, and $64,000 espect vely. The North Division's contribution margin and cont bution margr ratio are $195.000 and 75%, espect vely The South Division's segment margin is $54,000. The company has $76,800 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. (Do not round your intermediate percentage answers and round your final percentage answers to 1 decimal place (i.e. 1234 should be entered as 12.3).) Divisions Total Company Amount S 640,000 North South Amount Amount Sales ariable expenses margi 640,000 0.0 0.0 0.0 raceable fxed expenses Territorial segment margin 640,000 0.0 $ 00 $ 0.0 Common fxed expenses Net operating income $ 640,000 0.0