Required information SB Exercise 6-16 through Exercise 6-17 (Algo) [The following information applies to the questions displayed below.] & Chan is a consulting firm that specializes in Information systems for medical and dental clinics. The firm has two oh-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: Rane Sales Variable expenses Contribution margin Traceable fixed expenses office segment margin Common fixed expenses not traceable to offices Net operating income Total Company $ 454,000 100$ 226,800 500 227,200 503 127,360 280 99,840 22 63,560 140 $ 36,280 81 office Chicago Minneapolis $ 152,000 1000 $ 302,000 1000 45,600 304 181,200 601 106,400 700 120,800 403 79,040 520 40,320 160 $ 27,360 183 $ 72,480 240 Exercise 6-16 Part 3 (Algo) Working with a Segmented Income Statement; Break-Even Analysis (L06-4, LO6-5] 3. Assume that sales in Chicago increase by $51.000 next year and that sales in Minneapolls remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the company. (Round your intermediate calculations and percentage answers to 1 decimal place (ie. 01234 should be entered as 12.3 and other answers to the nearest whole dollar.)) Total Company Amount % Chicago Amount Segments Minneapolis Amount 95 %