ABC Company operates two divisions with the following sales and expense information for the month of August Division t sales. 5152,000, contribution margin ratio, 50% direct fixed expenses. $32,000. Division 2 sales. 5104000, contribution margin ratio, 70% direct fixed expenses. $20,000. ABC Company's total fixed expenses during August was $128,800 Required: Prepare a segmented income statement for ABC Company to determine the segment margin for Divisions 1 and 2 and the operating income for ABC Company Total Company Division 1 Division 2 Sales Variable expenses Contribution margin Directed expenses Segment margin Comonfoed expenses Operating income