Shannon Company segments its income statement into North and South Divisions. The company's overall sales, contribution margin ratio, and net operating income are $$1,050,000,40\%,$ and $$21,000,$ respectively. The North Division's contribution margin and contribution margin ratio are $$154,000$ and $44\%,$ respectively. The South Division's segment margin is $$175,000.$ The company has $$262,500$ of common fixed expenses that cannot be traced to either division.

Required:

Prepare a segmented income statement for Shannon Company using the contribution format. For the company as a whole and for each division, show each item on the segmented income statements as a percent of sales.

Note: Round your percentage answers to $1$ decimal place $($i$.$e $\mathrm{.}1234$ should be entered as $12\mathrm{.}3).$n