Bramble, 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		$	63,465,000		$	24,220,000		$	6,479,000			$	94,164,000
Variable cost of goods sold			30,986,000			13,680,000			3,657,000				48,323,000
Fixed cost of goods sold			9,006,000			5,020,000			701,000				14,727,000
Gross profit			23,473,000			5,520,000			2,121,000				31,114,000
Variable operating expenses			8,002,000			1,500,000			854,000				10,356,000
Fixed operating expenses			4,038,000			1,040,000			340,000				5,418,000
Allocated corporate costs			3,015,000			2,037,000			1,011,000				6,063,000
Operating income		$	8,418,000		$	943,000		$	(84,000	)		$	9,277,000

(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 Common fixed expensesOperating incomeOperating expensesCost of goods soldSegment marginContribution marginVariable expensesSales revenueTraceable fixed expenses	$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
select between addition and deduction AddLess: select an opening name for section one Operating expensesOperating incomeSegment marginCommon fixed expensesCost of goods soldTraceable fixed expensesVariable expensesSales revenueContribution margin
select an income statement item Contribution marginCommon fixed expensesSegment marginTraceable fixed expensesVariable expensesCost of goods soldOperating expensesSales revenueOperating income	enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select an income statement item Traceable fixed expensesSegment marginOperating incomeOperating expensesContribution marginSales revenueVariable expensesCommon fixed expensesCost of goods sold	enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select a summarizing line for the first part Traceable fixed expensesCommon fixed expensesContribution marginCost of goods soldSegment marginOperating expensesSales revenueOperating incomeVariable expenses	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 Variable expensesCommon fixed expensesOperating expensesTraceable fixed expensesContribution marginSegment marginOperating incomeCost of goods soldSales revenue
select an income statement item Common fixed expensesSales revenueTraceable fixed expensesContribution marginVariable expensesOperating expensesCost of goods soldSegment marginOperating income	enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select an income statement item Variable expensesCommon fixed expensesTraceable fixed expensesSegment marginCost of goods soldSales revenueOperating incomeOperating expensesContribution margin	enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select a summarizing line for the second part Contribution marginSales revenueOperating incomeSegment marginTraceable fixed expensesCost of goods soldOperating expensesCommon fixed expensesVariable expenses	$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 Sales revenueVariable expensesCost of goods soldOperating expensesCommon fixed expensesContribution marginOperating incomeSegment marginTraceable fixed expenses							enter a dollar amount
select a closing name for this statement Operating incomeSegment marginSales revenueTraceable fixed expensesOperating expensesVariable expensesCommon fixed expensesContribution marginCost of goods sold