work Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution formal income statement Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) $1,689,000 302,710 886,290 975.000 $ (83,710) 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 Central $ 690,000 40% $ 320,000 East $ 429,000 594 $ 281,000 West $570,000 4X $ 192,000 Sales Variable expenses a percentage of sales Teaceable fixed expenses 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 that it would increase that division's sales by 19%. Assuming these estimates are accurate, how much would the company's net operating 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 below