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A Corporation has two major business segments-Football and Tennis. Data concerning those segments for December appear below: Common fixed expenses totaled $293,000 and were allocated

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A Corporation has two major business segments-Football and Tennis. Data concerning those segments for December appear below: Common fixed expenses totaled $293,000 and were allocated as follows: $120,000 to the Football business segment and $173,000 to the Tennis business segment. Required: Prepare a segmented income statement in the contribution format for the company

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