In an effort to isolate the problem the president has asked for an income statement segmented by division. Accordingly the Accounting Department has developed the following information:Required:1. Prepare a contribution format income statement segmented by divisions as desired by the president.2. As a result of a marketing study the president believes that sales in the West Division could be increased by 20% if monthly advertising in that division were increased by $15000. Would you recommend the increased advertising? Show computations to support youranswer.