Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its recent monthly contribution format income statement: In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, th Accounting Department has developed the following information: 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 $24,000 based on the belief tha would increase that division's sales by 18%. Assuming these estimates are accurate, how much would the company's net operating income increase idecrease) if the pronosal is imnlemented? 2-a. The Marketing Department has proposed increasing the West Di would increase that division's sales by 18%. Assuming these estimate: income increase (decrease) if the proposal is implemented? 2-b. Would you recommend the increased advertising? Complete this question by entering your answers in the tabs belo The Marketing Department has proposed increasing the West Division's mon that it would increase that division's sales by 18%. Assuming these estimate net operating income increase (decrease) if the proposal is imnlemented? (D Complete this question by er tering your answers Would you recommend the increased advertising