Shannon Company segments its income statement into its North and South Disions. The company's overall saies, contribution margin ratio, and net operating income are $500,000,46%, and $10,000, respectively. The North Division's contribution margin and contribution margin ratio are $150,000 and 50%, respectively. The South Division's segment margin is $30,000. The company has $90,000 of common fored expenses that cannot be traced to either clivision. 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 (d.e .1234 should be entered as 12.3 )