Blossom Equipment sells equipment to sports enthusiasts. Doug Blossom, the company's president,just received the following income statement reporting the results ofthe past year. Baseball Soccer Basketball Total Sales revenue $1,130,000 $3,240,000 $2,142,000 $6,512,000 Variable cost of goods sold 765,000 2,106,000 1,713,600 4,584,600 Fixed cost of goods sold 104,000 169,200 149,400 422,600 Gross prot 261,000 964,800 279,000 1,504,800 Variable operating expenses 153,000 518,400 214,200 885,600 Fixed operating expenses 72,000 75,600 65,700 213,300 Common xed costs 54,000 117,000 87,300 258,300 Operating income {$18,000} $253,800 {$88,200} $147,600 Doug is concerned that two of the company's divisions are showing a loss, and he wonders if the company should stop selling baseball and basketball gear to concentrate solely on soccer gear. Prepare a segment margin income statement. Fixed cost of goods sold and fixed operating expenses can be traced to each division. (If the amount is negative then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,125).) Baseball Soccer Basket $ Cost of Goods Sold V Sales Revenue Operating Expenses Contribution Margin Operating Income Common Fixed Expenses Traceable Fixed Expenses Segment Margin Variable Expenses V