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 $1,080,000 176,000 389,000 206,000 Suburban $880,000 126,000 309,000 176,000 Outlying $480,000 76,000 139,000 66,000 In addition to the expenses listed above, the company has $110,000 of common fixed expenses. Income-tax expense for the year is $310,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Cable Metro Suburban Outlying Services Service revenue Variable expenses Segment contribution margin Profit margin controllable by segment manager Profit margin traceable to segment L L