Paste Format Formatting x Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates M19 ix v fx B C G SAMPLE INC. Profit Center Income Statement For the Years Ended December 31, xxx2 and xxx1 Division 1 Division 2 Division 3 Revenue 2,500 3,000 1,700 Cost of goods sold 800 900 200 10 Variable Expenses 100 350 80 Contribution Margin 2 iFixed Expenses incurred in the Profit Center 100 100 100 13 Direct Profit 14 jControllable Corporate Charges 35 40 20 15 Controllable Profit 16 Other Corporate Allocations 20 20 Income before Taxes 18 Taxes 430 606 250 Net income 22 Analysis