#56 07 4 points eBook References Saved Exercise 6-7 (Algo) Segmented Income Statement [LO6-4] Shannon Company segments its income statement into its North and South Divisions. The company's overall sales, contribution margin ratio, and net operating income are $1,140,000, 46%, and $22,800, respectively. The North Division's contribution margin and contribution margin ratio are $190,000 and 50%, respectively The South Division's segment margin is $212.800. The company has $319,200 of common fixed expenses that cannot be traced to either division Required: Prepare on income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (ie 1234 should be entered as 12.3).) Divisions North Total Company Amount NAY Amount South Amount