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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
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 Variable expenses Controllable fixed expenses Fixed expenses controllable by others $1,060,000 $860,000 460,000 72,000 133,000 62,000 172,000 383,000 202,000 122,000 303,000 172,000 In addition to the expenses listed above, the company has $100,000 of common fixed expenses. Income-tax expense for the year is $300,000 Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc
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