Data for January for Bondi Corporation and its two major business segments, North and South, appear below. Sales revenues, North Variable expenses, North 5647,000 Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South $ 375,400 $ 77,300 $ 499,100 $284,800 $ 64,600 In addition, common fixed expenses totaled $175,100 and were allocated as follows: $90,900 to the North business segment and $84,200 to the South to A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is Multiple Choice $103,400 $375,400 $194,300 $180,700