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	$	970,000		$	770,000		$	370,000
Variable expenses		154,000			104,000			54,000
Controllable fixed expenses		356,000			276,000			106,000
Fixed expenses controllable by others		184,000			154,000			44,000

In addition to the expenses listed above, the company has $55,000 of common fixed expenses. Income-tax expense for the year is $255,000.

Required:

1. Prepare a segmented income statement for Countywide Cable Services, Inc.

EGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC.
		Segments of Company
	Countywide Cable Services	Metro	Suburban	Outlying
Service revenueselected answer correct	not attempted	not attempted	not attempted	not attempted
Variable expensesselected answer correct	not attempted	not attempted	not attempted	not attempted
Segment contribution margin	$0	$0	$0	$0
Less: Fixed expenses controllable by segment managerselected answer correct	not attempted	not attempted	not attempted	not attempted
Profit margin controllable by segment manager	$0	$0	$0	$0
Less: Fixed expenses, traceable to segment, but controllable by othersselected answer correct	not attempted	not attempted	not attempted	not attempted
Profit margin traceable to segment	$0	$0	$0	$0
Less: Common fixed expensesselected answer correct	not attempted
Income before taxesselected answer correct	$0
Less: Income tax expenseselected answer correct	not attempted
Net income