Countywide Cable Services, Inc., is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the

year just ended follow.

In addition to the expenses listed above, the company has $$95,000$ of common fixed expenses. Income$-$tax expense for the year is

$$145,000.$

Required:

Prepare a segmented income statement for Countywide Cable Services, Inc.Countywide Cable Services, Inc., is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow.

Metro Suburban Outlying

Service revenue $ $1,000,000$ $ $800,000$ $ $400,000$

Variable expenses $200,000150,000100,000$

Controllable fixed expenses $400,000320,000150,000$

Fixed expenses controllable by others $230,000200,00090,000$

In addition to the expenses listed above, the company has $$95,000$ of common fixed expenses. Income$-$tax expense for the year is $$145,000.$

Required:

$1.$ Prepare a segmented income statement for Countywide Cable Services, Inc.