Chopra Company segments its Income statement into East and West Divisions. During the fiscal year ending May 31, 2021, Chopra had total sales of $1,200,000 and an operating income of $60,000. Sales in the West Division were $300,000. The East Division had a contribution margin ratio of 45% and the West Division was 40%. Common Fixed costs for Chopra totaled $180,000. Traceable fixed costs for the East Division were $175,000.

Required

Prepare a Segmented Income Statement for Chopra Company for the year ended May 31, 2021, using the Contribution Margin Format.