Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow Metro Suburban Outlying Service revenue Variable expenses Controllable fixed expenses Fixed expenses controllable by others $1,020,000 $820,000 420,000 64,000 121,000 54,000 164,000 371,000 194,000 114,000 291,000 164,000 In addition to the expenses listed above, the company has $80,000 of common fixed expenses. Income-tax expense for the year is $280,000 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 Metro Suburban Outlying ervice revenue ariable expenses Segment contribution margin 0 ess: Fixed expenses controllable by segment manager Profit margin controllable by segment manager 0 S