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 $780,000, 46%, and $15,600, respectively. The North Division's contribution margin and contribution margin ratio are $140,000 and 50%, respectively. The South Division's segment margin is $90,000. The company has 5140.400 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 (1 0.1234 should be entered os 12.3).) 1 Total Company North Amount Amount $ 780 000 100 0 5 280.000 Divisions South % Amount 100.0 Sales Variable expenses Contribution margin Traceable foed expenses Territorial segment margin Common fixed expenses Net operating income