Required 1 Required 2 Required 3 Prepare a properly formatted segmented income statement that would be more useful to management in assessing the long-run profitability of the various product lines. Sales Mountain Totals Dirt Bikes Bikes 930,000 X $ 268,000 $ 406,000 X $ 474,000 X 119,000 X 198,000 X 456,000 149,000 208,000 Racing Bikes 256,000 X 157,000 X 99,000 69,000 X 8,200 X 40,500 X 20,700 7,600 X Variable manufacturing and selling expenses Contribution margin (loss) Traceable fixed expenses: Advertising, traceable Depreciation of special equipment Salaries of the product line managers Total traceable fixed expenses Product line segment margin (loss) Salaries of the product line mana Net operating income (loss) 43,700 X 114,300 X 20,300 x 15,400 X 35,700 X 38,500 X 40,100 X 69,000 227,000 86,600 71,400 229,000 $ 80,000 $ 121,400 27,600 x 229,000