E23.11 (LO 2, 3), AP Service Writing UrLink Company is a newly formed company specializing in high-speed Internet service for home and business. The owner, Lenny Kirkland, had divided the company into two segments: Home Internet Service and Business Internet Service. Each segment is run by its own supervisor, while basic selling and administrative services are shared by both segments. 4 Prepare and discuss a responsibility report. 15 35 36 Lenny has asked you to help him create a performance reporting system that will allow him to measure each segment's performance in terms of its profitability. To that end, the following information has been collected on the Home Internet Service segment for the first quarter of 2022. 37 Budget Actual -38 Service revenue $25,000 $26,200 -44 Allocated portion of: 8-48 Building depreciation 11,000 11,000 Advertising 5,000 4,200 3-48 Billing 3,500 3,000 3-49 Property taxes 1,200 1,000 23-49 Material and supplies 1,600 1,200 Supervisory salaries 9,000 9.500 24-1 Insurance 4,000 3,900 Wages 3,000 3.250 25-1 Gas and oil 2,800 3.400 Equipment depreciation 1,500 1,300 Instructions a. Prepare a responsibility report for the first quarter of 2022 for the Home Internet Service segment. b. Write a memo to Lenny Kirkland discussing the principles that should be used when preparing performance reports