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, which follows: Sales Variable expenses $ 1,622,000 667,220 Contribution margin Fixed expenses 954,780 1,050,000 Net operating income (loss) $ (95,220) In an effort to isolate the problem, the president has asked for an income statement segmented by division Accordingly, the Accounting Department has developed the following information: DIvISIon Central $442,000 $670,000 $510,000 East West Sales Variable expenses as a percentage of sales Traceable fixed expenses $291,000 $336,000 $199,000