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Required Information Exercise 7-16 Working with a Segmented Income Statement; Break-Even Analysis [LO7-4, LO7-5 information applies to the questions displayed below. Harris & Chan is a consulting firm that specializes in Information systems for medical and dental clinics. The firm ha offices-one in Chicago and one In Minneapolis. The firm classifies the direct costs of consulting jobs as variable Total Conepany Kinneapolia 450,000 00 270,000 60 708180,000 40 Sales 562,500 100.08 258.750 4.0 132.750 23.a s 42,750 ! 7-68 1008 303,750 Contribation margin 67,500 2c,2so, i 181 3112,500 25k 90.000 160F Set operating income Exercise 7-16 Part 3 3. Assume that sales in Chicago increase by $37,500 next year and that sales in Minneapolis remain unchanged. Assume no change a. Prepare a new segmented Income statement for the company. (Round your percentage answers to 1 decimal place (Le. 01234 should be entered as 12.3)) s of 12 Next > MacBook Air 3 7 8