QUESTION TWO (7 Marks) Hatch Company has two divisions. O and E During the year just ended Division had a segment margin of 50,000 and variable costs equal to 70% of sales Traceable fixed costs for Division E were $19,000 Hatch Company as a whole had a contribution margin of 40% operating income of 5%, a segment margin of $25,000, and sales of $200,000 Required: Prepare a complete segmented income statement in the contribution format for the year, in good form, showing both "Amount" and "Percent" columns for the company as a whole and for each division (7 marks) Hatch Co Division Division E