Cullumber Optics manufactures two products: microscopes and telescopes. Information for each product is as follows.

		Microscopes			Telescopes
Sales price		$	30		$	50
Sales volume			401,698			178,300
Variable cost per unit		$	16		$	18
Annual traceable fixed expenses		$	3,006,400		$	3,509,000
Annual allocated common fixed expenses		$	2,003,800		$	2,006,900

Prepare a segment margin income statement for Cullumber Optics that provides detail on both the product lines and the company as a whole. (If the amount is negative then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,125).)

		Microscopes		Telescopes		Total
select an income statement item Contribution marginVariable expensesTraceable fixed expensesSales revenueOperating incomeSegment marginCommon fixed expenses		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
select an income statement item Contribution marginCommon fixed expensesTraceable fixed expensesOperating incomeSales revenueVariable expensesSegment margin		enter a dollar amount		enter a dollar amount		enter a dollar amount
select a summarizing line for the first part Operating incomeVariable expensesCommon fixed expensesTraceable fixed expensesContribution marginSegment marginSales revenue		enter a total amount for the first part		enter a total amount for the first part		enter a total amount for the first part
select an income statement item Traceable fixed expensesSales revenueVariable expensesContribution marginCommon fixed expensesOperating incomeSegment margin		enter a dollar amount		enter a dollar amount		enter a dollar amount
select a summarizing line for the second part Common fixed expensesOperating incomeVariable expensesTraceable fixed expensesContribution marginSales revenueSegment margin		$enter a total amount for the second part		$enter a total amount for the second part		enter a total amount for the second part
select an income statement item Traceable fixed expensesVariable expensesOperating incomeSales revenueSegment marginCommon fixed expensesContribution margin						enter a dollar amount
select a closing name for this statement Segment marginSales revenueTraceable fixed expensesContribution marginOperating incomeCommon fixed expensesVariable expenses						$enter a total amount for this statement