=+The company operates three service departments: the Dispatching Department, the Equipment Management Department, and the Treasurer’s Department. The Dispatching Department manages the scheduling and releasing of completed trains. The Equipment Management Department manages the railroad cars inventories. It makes sure the right freight cars are at the right place at the right time. The Treasurer’s Department conducts a variety of services for the company as a whole. The following additional information has been gathered:

Southeast East South Number of scheduled trains 450 765 585 Number of railroad cars in inventory 4,375 6,125 7,000 Instructions 1. Prepare quarterly income statements showing income from operations for the three regions. Use three column headings: Southeast, East, and South.