[The following information applies to the questions displayed below.] Raner, Harris, & 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 below: Office $ $ $ Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to offices Net operating income Total Company 450.000 100 % 225.000 50 % 225.000 50 % 126,000 28 % 99,000 22 % Chicago 150.000 45,000 105,000 78,000 27.000 100 % 30 % 70 g 52 % 18 % Minneapolis 300,000 100 % 180,000 60 % 120.000 4098 48.000 16 % 72.000 24 % $ $ 63.000 36.000 $ 7 value: Required information 5.00 points Required: 1-a. Compute the companywide break-even point in dollar sales Break-even point in dollar sales 1-b. Compute the break-even point in sales dollars for the Chicago office and for the Minneapolis office. Break-even in Dollar Sales Chicago office Minneapolis office 1-c. Is the companywide break-even point greater than, less than or equal to the sum of the Chicago and Minneapolis break-even points? OOO Greater than Less than Equal to 2. By how much would the company's net operating income increase if Minneapolis increased its sales by $75,000 per year? Assume no change in cost behavior patterns. Net operating income increase 3. Refer to the original data. 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 contribution format income statement for the company. (Round your percentage answers to 1 decimal place (i.e.1234 should be entered as 12.3)) Segments Total Company Chicago Minneapolis Amount % Amount Amount %