Check my work Exercise 12-32 Segmented Income Statement; TV Cable Company (LO 12-5) Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow Service revenue Variable expenses Controllable fixed expenses Fixed expense controllable by others Metro $1,060,000 172,000 393,000 202,000 Suburban 6860,000 122,000 303,000 172,000 Outlying $460,000 72,000 133,000 62,000 In addition to the expenses listed above, the company has $100,000 of common fixed expenses. Income tax expense for the year is $300,000 Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Cable Services Outlying Metro Suburban