pints Required 1 Required 2 Present the financial information in the form of a segmented income statement (using the contribution margin approach). Magazine Division Book Division Total Sales revenue $ 8,060,000 $ 3,410,000 11,470,000 Variable costs Cost of goods sold Operating expenses Manufacturing costs Direct fixed costs Manufacturing costs Operating expenses Common fixed costs Common fixed costs 000 000 2,260,000 161,000 5,639,000 1,126,600 3,386,600 236,100 397,100 2,047,300 7,686,300 220,700 253,400 474,100 1,765,200 722,100 2,487,300 Manufacturing costs Operating expenses 882,800 1,013,600 1,896,400 1,176,800 481,400 1,658,200 Net income (loss) 1,593,500 $ (423,200) $ 1.170,300