Wecm 1 Countywide Cable Services, Inc., is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow Metro Suburban Outlying Service revenue $970,888 $770,000 $370,000 Variable expenses 154,000 104,880 54,00 Controllable fixed expenses 356,000 276,000 106,000 Fixed expenses controllable by others 184,099 154.000 44,00 5 points In addition to the expenses listed above, the company has $55,000 of common fixed expenses. Income tax expense for the year $255,000 Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. Answer is not complete. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC Segments of Compan Countywide Cable Matre Buburban Services Outlying 9 0 0 Service revenue Variable expen Segment contribution margin Less: Fixed expenses controllable by segment manager 5 5 1 0 0 $ Prey 1 of 1 II! Next MC Graw Return to qu 1 Answer is not complete. 5 points DO SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Cable Metro Suburban Outlying Services Service revenue Variable expenses Segment contribution margin 3 0 s 0 $ 0 $ 0 Less: Fixed expenses controllable by segment manager Profit margin controllable by segment manager $ $ 0 $ 0 5 0 Loss Fixed expenses traceable to segment but controllable by others Profit margin traceable to segment $ 0 $ 0 S 0 5 0 Less Common fixed expenses Income before taxes es 0 Loss Income tax expense 0 Net income o OOOO