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Exercise 22.5 (Algo) Preparing a Responsibility Income Statement (LO22-1, LO22-2, LO22-3, LO22-4, LO22.5) Nicholas Technologles operates two dielons: Hardware Services and Software Services. During the current month, the two divisions reported the following results Sales Variable costs as a percentage of Sales Tractable Fixed costs Har $ 700.000 48 $ 250.000 Software $ 970.000 05 5 125.000 In addition, fixed costs common to both divisions amounted to $210.000 Prepare an income statement showing percentages as well as dollar amounts. Conclude your statement with income from operations for the business and with the responsibility margin for each division (Round percentage answers to 2 decimal place. Le 01234 should be considered as 1234%) NICHOLAS TECHNOLOGIES Responsibility Income Statement For the current Month Entire Company Hardware Services Division Percent of Dollars Dollar Sale Percent of Sales Software Services Division Dollars Percent of Sales * 16