Coca-Cola needs to prepare a segmented income statement for its three divisions: North America, Europe, and Asia. The following information is provided:

Item	North America ($)	Europe ($)	Asia ($)
Sales	2,000,000	1,500,000	1,000,000
Variable Expenses	1,000,000	800,000	600,000
Fixed Expenses	400,000	300,000	200,000

Required:

1. Prepare a segmented income statement for each division.
2. Calculate the contribution margin for each segment.
3. Determine the segment margin for each division.
4. Analyze the profitability of each division and provide recommendations.