Required information SB Exercise 7-16 through Exercise 7-17 (Static) [The following information applies to the questions displayed below.] Raner, Harris and 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 Mirneapolis. 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: Exercise 7-16 Part 1 (Static) Working with a Segmented Income Statement; Break-Even Analysis [LO7-4, L07-5] Required: 1-a. Compute the companywide break-even point in dollar sales. 1-b. Compute the break-even point for the Chicago office and for the Minneapolis office. 1.c. Is the companywide break-even point greater than, iess than, or equal to the sum of the Chicago and Minneapolis break-even points? Exercise 7-16 Part 1 (Static) Working with a Segmented Income Statement; Break-Even Analysis [LO7-4, LO7-5] Required: 1-a. Compute the companywide break-even point in dollar sales. 1-b. Compute the break-even point for the Chicago office and for the Minneapolis office. 1-c. Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even points? Complete this question by entering your answers in the tabs below. Compute the companywide break-even point in dollar sales. Compute the break-even point for the Chicago office and for the Minneapolis office. (Round your final answers to the nearest Whole dollar amount.) Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even points? \begin{tabular}{l} \hline Greater than \\ \hline Less than \end{tabular}