Chapter 6(0) 6 Help Save& Exit Subm 3 case o-su service urganizauon; Segment keporting [Lub-4 Music Teachers, Inc., is an educational association for music teachers that has 20,000 members. The association operates from a but has local s throughout the United States. Monthly meetings are held by the local chapters to discuss recent developments on topics of interest to music teachers. The association's magazine, Teachers' Forum, is issued monthly with features about recent developments in the field. The association publishes books and reports and also sponsors professional courses that qualify for continuing professional education credit. The association's statement of revenues and expenses for the current year is presented below 10 Statenent of Revenues and Expenses For the Year Ended November 30 $3,367,900 Expenses 958,000 239,500 206,000 510,000 530,000 287,000 177,000 76,000 31,000 Salaries Personnel costs Occupancy costs of member costs to local chapters other Printing and paper Postage and shipping Instructors fees General and administrative s 353,400 The board of directors of Music Teachers, Inc., has requested that a segmented income statement be prepared showing the contribution of each seament to the association. The association has four seaments: Membershin Division Manazine Subscrintions K Prev 3 of 3 Next