[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: Office Total Company Chicago Minneapolis Sales $ 522,000 Variable expenses 261,000 100.00% 50.00% $ 174,000 52,200 100.00% 30.00% $ 348,000 208,800 100.00% 60.00% Contribution margin 261,000 50.00% 121,800 70.00% 139,200 40.00% Traceable fixed expenses 146,160 28.00% 90,480 52.00% 55,680 16.00% office segment margin 114,840 22.00% $ 31,320 18.00% $ 83,520 24.00% Common fixed expenses not traceable to offices 73,080 14.00% Net operating income $ 41,760 8.00% 3. Assume that sales in Chicago Increase by $58,000 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 Intermediate calculations and percentage answers to 1 decimal place (l.e. 0.1234 should be entered as 12.3 and other answers to the nearest whole dollar.)) Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to segments Net operating income Answer is not complete. Segments Total Company Chicago Minneapolis Amount $ 580,000 % Amount % Amount % 100.0 $ 232,000 100.0 $ 348,000 100.0 290,000 50.0 69,600 30.0 208,800 60.0 290,000 50.0 162,400 70.0 139,200 40.0 52.0 x 55,680 16.0 290,000 50.0 $ 162,400 18.0 $ 83,520 24.0 73,080 14.0 x $ 216,920 36.0