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 $960,000 $760,000 $360,000 Variable expenses 152,000 102,000 52,080 Controllable fixed expenses 353,000 273,000 103,000 Fixed expenses controllable by others 182,000 152,800 42,000 In addition to the expenses listed above, the company has $50,000 of common fixed expenses. Income tax expense for the year is $250,000 Required: 1. Prepare a segmented Income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Metro Suburban Outlying Cable Services Segment contribution margin Profit margin controllable by segment manager Prott margin traceable to segment Common fixed expenses Income before taxes Segment profit margin Service revenue Variable expenses