Prepare a segment margin income statement for Shoe Shocks two distribution channels. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Shoe Shock Innovations manufactures athletic shoe inserts that cushion the foot and reduce the impact of exercise on the joints. The company has two divisions, Sole Inserts and Heel Inserts. A segmented income statement from last month follows. Sales revenue Less variable expenses Contribution margin Less traceable fixed expenses Segment margin Common fixed costs Net operating income Sole Inserts Division $493,900 318,000 175,900 121,400 $54,500 Heel Inserts Division $2,550,000 2,048,000 502,000 349,800 $152,200 Total Shoe Shock $3,043,900 2,366,000 677,900 471,200 206,700 170,600 $36,100 Elizabeth Brown is Shoe Shock's sales manager. Although this statement provides useful information, Elizabeth wants to know how well the company's two distribution channels, specialty footwear stores and drug stores, are performing. Marketing data indicates that 35% of sole inserts and 60% of heel inserts are sold through specialty footwear stores. A recent analysis of corporate fixed costs revealed that 40% of all fixed costs are traceable to specialty footwear stores and 55% of all fixed costs to drug stores