Charlevoix Company produces three products: Torch, Elk, and Walloon. A segmented income statement follows: Line Item Description Torch Elk Walloon Total Line Item Description (Shown in 000's) Sales revenue $1,280 $185 $345 $1,810 Less: Variable expenses 1,115 45 276 1,436 Contribution margin $165 $140 $69 $374 Less direct fixed expenses: Depreciation 50 15 12 77 Advertising 95 85 96 276 Segment margin $20 $40 $(39) $21 Direct fixed expenses consist of depreciation and advertising. All depre