Assume Pentel has two product lines. The September income statements of each product line and the -company are as follows: PENTEL OF AMERICA, LTD Product Line and Company Income Statements For Month of September (in thousands) Pens Pencils Total Sales. $60,000 $60,000 $120,000 Less variable expenses (27,000) (27,000) (54.000) Contribution margin 33,000 33,000 66,000 Less direct fixed expenses. (16,000) (14,000) (30,000) Product margin. $17,000 $19,000 36,000 Less common fixed expenses (15,500) Net income. $20,500 West East Pens and pencils are sold in two sales regions, West and East, as follows: (in thousands) Pen sales .. Pencil sales Total sales $35,000 20,000 $55,000 $25,000 40,000 $65,000 The common fixed expenses (in thousands) are traceable to each territory as follows: West fixed expenses East fixed expenses Home office administration fixed expenses Total common fixed expenses $5,500 6,500 3,500 $15,500 The direct fixed expenses of pens, $16,000, and of pencils, $14,000, cannot be identified with either territory. The company's accountants were unable to allocate any of the common fixed expenses to the various segments. Required Prepare income statements segmented by territory for September, including a column for the entire firm