Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) S 1,560,000 575,300 984,700 1,083,000 (98,300) In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following information: Division Central 5 390,000 620,00 $550,000 East West Sales Variable expenses as a percentage of sales Traceable fixed expenses 48% 28% 39% $293,000 330,000 $200,080 Required 1. Prepare a contribution format income statement segmented by divisions. 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $30,000 based on the belief that it would increase that division's sales by 15%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented? 2-b. Would you recommend the increased advertising? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below