Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement: Sales $ 1,522,000 Variable expenses 609,420 Contribution margin 912,580 Fixed expenses 1,004,000 Net operating income (loss) $ (91,420) In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following info