Carla Vista Equipment sells equipment to sports enthusiasts. Doug Carla Vista, the company's president, just received the following income statement reporting the results of the past year. Sales revenue Variable cost of goods sold Fixed cost of goods sold Gross profit Variable operating expenses Fixed operating expenses Common fixed costs Operating income Baseball $1,330,000 898,000 121,100 310,900 179,600 83,400 63,500 ($15,600) Soccer $3,810,000 2,476,500 197.700 1,135,800 609600 88.900 136,000 $301,300 Basketball $2,503,000 2,017,600 174,100 311,300 250,300 77.100 102,500 ($118.600) Total $7,643,000 5,392,100 492.900 1.758,000 1,039,500 249,400 302.000 $167.100 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 of the amount is negative then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,1251) Baseball Soccer Baske $ $ > > $ $ Te Touthool and Modis Prepare a segment margin income statement Fixed cost of goods sold and fixed operating expenses can be traced to each division of the amount is negative then enter with a negative sign preceding the number, eg. -5,125 or parenthesis, c.8. (5,1251) Baseball Soccer Basketball Total $ $ $ $ $