3 Sales 1,593,0ee 576,460 variable expenses contribution margin 1,e16,540 1,118,eee Fixed expenses (101,460) Net operating income (loss) ook 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: Hint Division East Central West Sales $443,e0e 42% $630,eee 24% $520, eee 46% Print Variable expenses as a percentage of sales Traceable fixed expenses $283,eee $331,eee $202,eee Required: 1. Prepare a contributlon format Income statement segmented by divisions 2-a. The Marketing Department has proposed Increasing the West DIVIslon's monthly advertising by $29,000 based on the bellef that would Increase that division's sales by 11%. 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. Req 1 Req 2A Req 2B Prepare a contribution format income statement segmented by divisions. Division Total Company East Central West 0 0 0 0 0 S 0 $ 10 0 0 Req 1 Req 2A 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 1,593,eee 576,460 variable expenses Contribution margin Fixed expenses eBook 1,e16,540 1,118,eee $ (101,460) Net operating income (loss) Hint In an effort to resolve the problem, the company would llke to prepare an Income statement segmented by divislon. Accordingly, the Accounting Department has developed the following Information: Print Division East Central West $520,eee 46% Sales $443,00e 42% $630,000 24% Variable expenses as a percentage of sales Traceable fixed expenses $283,eee $331,eee $202,eee Required: 1. Prepare a contributlon format Income statement segmented by divisions. 2-a. The Marketing Department has proposed Increasing the West DIVISION's monthly advertising by $29,000 based on the bellef that it would Increase that divislon's sales by 11%. 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. Req 1 Req 2A Req 2B The Marketing Department has proposed increasing the West Division's monthly advertising by $29,000 based on the belief that it would increase that division's sales by 11%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented? (Do not round intermediate calculations.) Net operating income will by