1. Pleasanton Company produces three products: X, Y, and Z. The income statement for 2014 is as follows: Sales Less variable costs Contribution margin Less fixed expenses: $3,000,000 1,905,000 $1,095,000 $200,000 Manufacturing Selling and administrative 120,000 320,000 Net income S775000 The sales, contribution margin ratios, and direct fixed expenses for the three types of products are as follows: $900,000 $600,000 30% $1,500,000 40% Sales Contribution margin ratio Direct fixed expenses of products 35% $80,000 $50,000 $40,000 Prepare income statements segmented by products, and include a column for the entire firm in the statement