Preview File Edit View Co Tools Window Help a + Wed Dec 30 101 AM EL - Screen Shot 2020-12-30 at 12.59.59 AM Raner, Harris & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices-one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given: Salos Variable expenses Contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to offices Net operating income Total Company $ 975,000 100.08 526,500 54.08 448,500 46.09 218,400 22.4% 230, 100 23.6% 156,000 16.0% $ 74,100 7.68 Office Chicago Minneapolis $ 195,000 1008 $ 780,000 100% 58,500 30% 468,000 608 136,500 70% 312,000 40% 101,400 52% 117,000 15% $ 35, 100 18% $ 195,000 25% 3. Assume that sales in Chicago increase by $65,000 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the company. (Round your percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3).) Segments Total Company Chicago Minneapolis Amount % Amount % Amount