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 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: Exercise 7.16 Part 3 (Static) Working with a Segmented Income Statement; Break-Even Analysis [LO7.4, LO7.5] 3. Assume that sales in Chicago increase by $50,000 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the compary. (Round your percentage onswers to 1 decimal place (i.e. 0.1234 should be entered os 12.3).) Exercise 7.16 Port 3 (Static) Working with a Segmented Income S LO7.5] 3. Assume that sales in Chicago increase by $50,000 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs: a. Prepare a new segmented income statement for the company. (Round your percentage answers to 1 decimal place (i.e. 0.1234 should be entered os 12.3 )