Blue, 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

$ $61,576,000$ $ $23,540,000$ $ $6,266,000$ $ $91,382,000$

Variable cost of goods sold

$31,934,00012,350,0003,521,00047,805,000$

Fixed cost of goods sold

$9,002,000$

$5,010,000$

$700,000$

$14,712,000$

Gross profit

$20,640,0006,180,0002,045,00028,865,000$

Variable operating expenses

$8,008,0001,520,000851,00010,379,000$

Fixed operating expenses

$4,006,0001,030,000332,0005,368,000$

Allocated corporate costs

$3,000,000$

$2,036,000$

$1,012,000$

$6,048,000$

Operating income

$ $5,626,000$ $ $1,594,000$ $ $(150,000)$ $ $7,070,000$

$($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. $($If the amount is negative then enter with a negative sign preceding the number, e$.$g$.-5,125$ or parenthesis, e$.$g$.(5,125).)$

Yachts

Sailboats

Jet Skis

Total

select an income statement item

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select between addition and deduction : select an opening name for section one

select an income statement item

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

select an income statement item

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

select a summarizing line for the first part

enter a total amount for the first part enter a total amount for the first part enter a total amount for the first part enter a total amount for the first part

select an opening name for section two

select an income statement item

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

select an income statement item

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

select a summarizing line for the second part

$enter a total amount for the second part $enter a total amount for the second part $enter a total amount for the second part enter a total amount for the second part

select an income statement item

enter a dollar amount

select a closing name for this statement

$enter a total amount for this statement