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Stanhon Compony segments its income statement into is North and South Divgions. The company's overail salec, contribullon margin rovo, and net operoting thcome are $170,000,48%,

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Stanhon Compony segments its income statement into is North and South Divgions. The company's overail salec, contribullon margin rovo, and net operoting thcome are $170,000,48%, and $23,400, respectively. The North Division s contribution margin and contribution margin ratio sre $202,800 and 52%, respectively. The south Divsion's segment margin is $226,200. The company nas $339.300 of common fixed expenses that cannot be traced to either division: Required: Prepare on income statement for Shannon Company that uses the contripution formot and is segmented by alvisions in oddition, for the company as o whole and for each segment, show esch item on the segmented income statements as a percent of sales. (Round your percentoge onswers to 1 declmel ploce (le 1234 should be entered as 12.3)

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