Required information Exercise 7-16 Working with a Segmented Income Statement; Break-Even Analysis (L07-4, L07-5] The following information applies to the questions displayed below) 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: Total Company $1,125.000 100.0% 607 500 54.0% 517.500 45.0 252,000 22.45 265,500 23.6% 180.000 16.08 $ 85,500 7.6% Sales Variable expenses Contribution in Traceable fixe expenses Office segment argin Common fixed penses not traceable to offices Net operating income Office Chicago Minneapolis 5225,000 100% $ 900,000 67.500 30% 54e.ee 157.500 701 362.02 403 117.000 135.000 155 $ 40,500 155 $225.000 253 523 Segments Minneapolis Total Company Amount Chicago Amount Amount 0 0 0. 0 0.0 0 0.0 S 0 00 $ 0 2. By how much would the company's net operating income increase if Minneapolis increased its sales by $112,500 per year? Assume no change in cost behavior patterns. ces Net operating income increase Req 1A Reg 1B Req 1C Compute the break-even point for the Chicago office and for the Minneapolis office. (Round "CM final answers to the nearest whole dollar amount.) Break- Even Point Chicago office Minneapolis office Compute the company wide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole dollar amount.) Break-even point in dollar sales