BUCKEYE DEPARTMENT STORES, INC. Operating Data for 20x5 (in thousands) Columbus Division Olentangy Store Scioto Store Downtown Store Cleveland Division (total for all stores) Sales revenue $ 4,000 $ 2,800 $ 13,000 $ 24,000 Variable expenses: Cost of merchandise sold 3,000 2,400 8,000 15,000 Sales personnelsalaries 700 340 720 1,200 Sales commissions 60 50 90 240 Utilities 70 70 160 310 Other 60 35 130 290 Fixed expenses: Depreciationbuildings 120 90 270 510 Depreciationfurnishings 80 40 150 330 Computing and billing 40 30 95 200 Warehouse 70 70 200 490 Insurance 40 25 90 240 Property taxes 35 20 80 210 Supervisory salaries 150 120 440 900 Security 30 30 80 250 The following fixed expenses are controllable at the divisional level: depreciationfurnishings, computing and billing, warehouse, insurance, and security. In addition to these expenses, each division annually incurs $60,000 of computing costs, which are not allocated to individual stores. The following fixed expenses are controllable only at the company level: depreciationbuilding, property taxes, and supervisory salaries. In addition to these expenses, each division incurs costs for supervisory salaries of $110,000, which are not allocated to individual stores. Buckeye Department Stores incurs common fixed expenses of $120,000, which are not allocated to the two divisions. Income-tax expense for 20x5 is $1,940,000. Required:

1. Prepare a segmented income statement for Buckeye Department Stores, Inc. (Enter your answers in thousands.)