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 Variable expenses Contribution margin Find expenses Het operating income (less) 5 1,485,000 582,500 902,500 999,000 5 (90,500) 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 information Sales Variable expenses as a percentage of sales Traceable the expenses tast 5355,000 5251,000 Division Central 5610,000 345 5337,000 West $520,000 3 $191,000 Required: 1. Prepare a contribution format income statement segmented by divisions 2-a The Marketing Department has proposed increasing the West Division's monthly advertising by $25,000 based on the belief that n would increase trust division's sales by 14%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease of the proposal is implemented? 2.b Would you recommend the increased advertising? Complete this question by entering your answers in the tabs below. Red 2A Rea 28 Would you recommend the increased advertising? to search O EL SED DOLL