Countywide Cable Services, Inc., is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. Service revenue Variable expenses Controllable fixed expenses Fixed expenses controllable by others Metro $1,090,000 178,000 392,000 208,000 Suburban $890,000 128,000 312,000 178,000 Outlying $490,000 78,000 142,000 68,000 In addition to the expenses listed above, the company has $115,000 of common fixed expenses. Income-tax expense for the year is $315,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Cable Services Metro Suburban Outlying Segment contribution margin Profit margin controllable by segment manager Profit margin traceable to segment