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 $1,030,000 166,000 374,000 196,000 Suburban $830,000 116,000 294,000 166,000 Outlying $430,000 66,000 124,000 56,000 In addition to the expenses listed above, the company has $85,000 of common fixed expenses. Income-tax expense for the year is $285,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Metro Suburban Outlying Cable Services Segment contribution margin Profit margin controllable by segment manager Profit margin traceable to segment