Question: Normal I No Spad.. Heading 1 Heading 2 Heading 3 Heading 4 Exercise D10-5 Flint, Ltd., manufactures boats and personal watercraft. The company operates three

 Normal I No Spad.. Heading 1 Heading 2 Heading 3 Heading
4 Exercise D10-5 Flint, Ltd., manufactures boats and personal watercraft. The company
operates three separate divisions: yachts sailboats, and jet skis.The company's latest income

Normal I No Spad.. Heading 1 Heading 2 Heading 3 Heading 4 Exercise D10-5 Flint, Ltd., manufactures boats and personal watercraft. The company operates three separate divisions: yachts sailboats, and jet skis.The company's latest income statement is presented by product line as follows Sales revenue Variable cost of goods sold Fixed cost of goods sold Gross profit Variable operating expenses Fixed operating expenses Allocated corporate costs Operating income 62.485,000 $24,640,000 $6,268,000 $93,393,000 49,380,000 14.721.000 21.675,00 -5590.00 T927,00-29,752,000 8,005,000 1,520,000 865,000 10,390,000 5,379.000 2.032,000 1,001,000 6,038,000 31,809,000 13,930,000 3,641,000 9,001,000 5,020,000700,000 4,035,0001,020,000 324,000 3,005,000 Prepare a segment margin income statement showingeach ofthe three divisions. Fioced cost of goods sold and fixed operating expenses can be traced to each product line (If the amount is preceding the numbere.g. -5123 or parenthesis. e.g. (5,125)-) then enter with a negative sign

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