Ayayai, Ltd., manufactures boats and personal watercraft. The company operates three separate divisions: yachts, sailboats, and jet skis. The company's latest income statement is presented by product line as follows:

			Yachts			Sailboats			Jet Skis				Total
Sales revenue		$	63,149,000		$	22,720,000		$	6,059,000			$	91,928,000
Variable cost of goods sold			31,090,000			12,310,000			3,639,000				47,039,000
Fixed cost of goods sold			9,003,000			5,020,000			700,000				14,723,000
Gross profit			23,056,000			5,390,000			1,720,000				30,166,000
Variable operating expenses			8,001,000			1,520,000			851,000				10,372,000
Fixed operating expenses			4,019,000			1,010,000			329,000				5,358,000
Allocated corporate costs			3,009,000			2,011,000			1,026,000				6,046,000
Operating income		$	8,027,000		$	849,000		$	( 486,000	)		$	8,390,000

(a) Prepare a segment margin income statement showing each of the three divisions. Fixed cost of goods sold and fixed operating expenses can be traced to each product line.