Sharon Company segments its income statement into its West and South Divisions. The company has a 8% required rate of return. The company's overall sales are $ 700,000 , its contribution margin ratio is 40% , and net operating income is $ 17,000 . The West Division's contribution margin is $ 150,000 and its contribution margin ratio is 37% The South Division's segment margin is $ 29,500 . The company has un 81,500 of common fixed expenses that cannot be traced to either division. The company traces 370,000 of average operating assets to the West division. The company traces 140,000 of average operating assets to the South division. The company has 90,000 of average operating assets that can not be traced to a specific division. Required: 1. Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions, including columns for % of sales. (3 pts) 2. In addition, for the company as a whole and for each segment, calculate the ROI and RI (EVA"). (7 pts) 3. Discuss which Division appears to be performing better. (3 pts) 4. Based on the current sales mix, what total sales would the company need to show -0-RI (EVA")? (3 pts)