Countywide Cable Services, Incorporated, is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. Metro Service revenue Variable expenses Controllable fixed expenses Fixed expenses controllable by others $ 990,000 158,000 362,000 188,000 Suburban $ 790,000 108,000 282,000 158,000 Outlying $ 390,000 58,000 112,000 48,000 In addition to the expenses listed above, the company has $65,000 of common fixed expenses. Income-tax expense for the year is $265,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Incorporated. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INCORPORATED Segments of Company Countywide Cable Services Metro Suburban Outlying Segment contribution margin Profit margin controllable by segment manager Profit margin traceable to segment