The following information was obtained from the ledger of Stillwell Emporium, Inc., at the end of 2016:

Stillwell analyzes its operating expenses at the end of each period in order to prepare an income statement that will exhibit departmental contribution to common expenses. From payroll records, advertising copy, and other records, the following tabulation was obtained:

Required
Prepare a departmental income statement for Stillwell Emporium, Inc., showing departmental contribution to common expenses, assuming an overall income tax rate of 30%.

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STILLWELL EMPORIUM, INC. Trial Balance December 31, 2016 Debit Credit Cash.. Accounts receivable (net).. Inventory, December 31, 2016. Equipment and fixtures (net) Accounts payable... Common stock. Retained earnings $ 18,000 70,000 45,000 97,000 $ 34,000 120,000 30,000 Sales department a 360,000 Sales department b. 140,000 Cost of goods sold-department a 216,000 Cost of goods sold-department b Sales salaries expense... Advertising expense.. 70,000 74,000 31,000 Insurance expense (on merchandise). 10,000 Uncollectible accounts expense 3,000 Occupancy expense....... 16,000 Office and other administrative expense 34,000 $684,000 $684,000