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	$ 1,606,000
Variable expenses	686,060
Contribution margin	919,940
Fixed expenses	1,012,000
Net operating income (loss)	$ (92,060)

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:

	Division
	East	Central	West
Sales	$ 376,000	$ 650,000	$ 580,000
Variable expenses as a percentage of sales	46%	37%	47%
Traceable fixed expenses	$ 262,000	$ 340,000	$ 191,000

Prepare a contribution format income statement segmented by divisions.

Income Statement

(Materials/Expenses etc.)

		Division
	Total Company	East	Central	West
	X	X	X	X
	X	X	X	X
	X	X	X	X
	X