[The following information applies to the questions displayed below] Raner, Harris and Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices - one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given: Net operating income Compute the companywide break-even point in dollar sales. Compute the break-even point for the Chicago office and for the Minneapolis office. whole dollar amount.) By how much would the company's net operating income increase if Minneapolis increased its sales by $75,000 per year? ssume no change in cost behavior patterns. Required information Exercise 7-16 Part 3 (Static) Working with a Segmented Income Statement; Break-Even Analysis [ LO7-4, LO7-5] 3. Assume that sales in Chicago increase by $50,000 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the company. (Round your percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3).) Required: 1. How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Medical Market? 2. How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Dental Market? 3. In which of the markets would you recommend that the company focus its advertising campaign? How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Medical Market? How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Dental Market? Complete this question by entering your answers in the tabs below. In which of the markets would you recommend that the company focus its advertising campaign? taner, Harris and Chan is a consulting firm that specializes in information systems for medical and dental linics. The firm has two offices-one in Chicago and one in Minneapolis. The firm classifies the direct osts of consulting jobs as variable costs. A contribution format segmented income statement for the ompany's most recent year is given