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 expenses controllable by others Metro $1,070,000 174,000 386,000 204,000 Suburban $ 870,000 124,000 306,000 174,000 Outlying $470,000 74,000 136,000 64,000 In addition to the expenses listed above, the company has $105,000 of common fixed expenses. Income-tax expense for the year is $305,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Cable Metro Suburban Outlying Services Segment contribution margin Profit margin controllable by segment manager Profit margin traceable to segment