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 $$490,000,38\%,$ and $$9,800,$ respectively. The North Division's contribution margin and contribution margin ratio are $$100,800$ and $42\%,$ respectlvely. The South Division's segment margin is $$35,000.$ The company has $$68,600$ of common fixed expenses that cannot be traced to elther division.

Requlred:

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 $($l$.$e $1234$ should be entered as $12\mathrm{.}3).)$

$\backslash$table$[[x=,$Total Company,North Division,South Division$],[,$Amount,$\%,$Amount,$\%,$Amount,$$6],[=,,,,,,],[=,,,,,,],[-,,,,,,],[\frac{?}{\text{b}\text{a}\text{r}}(x+2),,,,,,],[\sqrt[\phantom{2}]{x+2},,,,,,],[,,,,8,,],[,,,,,,]$