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 Fixed expenses Net operating income (loss) $1,577,000 693,268 883,740 972,800 s (88,260) 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 357,000 $690,00e $530,800 Sales Variable expenses as a percentage of sales Traceable fixed expenses 48% 38% 49% $260,e00 $330,000 $208,000