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Gorman Nurseries Inc. grows poinsettias and fruit trees in a green houseursery operation. The following information was provided for the comme Poinsettias Fruit Trees Sales 3970,000 $3,100,000 Variable cost of goods sold 460,000 1,630,000 Direct fixed overhead 160,000 200,000 A sales commission of 4% of sales is paid for each of the two product lines. Directed selling and administrative expense was estimated to be $146,000 for the poinsettia line and $87,000 for the fruit tree line. Common fixed overhead for the nursery operation was estimated to be $800,000, common selling and administrative pense was estimated to be $450,000 Required: Prepare a segmented income statement for Gorman Nuntries for the coming year asing vantable conting Note: Enter all amounts as positive numbers except operating loss, if applicable Gorman Nurseries Inc. Segmented Income Statement For the Coming Year Poinsettia 970.000 4070.000