Exercise 10-6 (Part Level Submission) Gillaspie Brothers Outfitters sells equipment to outdoors enthusiasts. Sam Gillaspie, the company's president, just received the following income statement reporting the results of the past year Hunting Camping Fishing Total Sales revenue Variable cost of goods sold926,000 Fixed cost of goods sold Gross profit Variable operating expenses $1,370,000 $3,930,000 $2,579,000 $7,879,000 5,562,100 507,700 2,554,500 2,081,600 179,300 124,700 319,300 1,171,800 318,100 1,809,200 185,200 203,700 628,800 257,900 79,500 1,071,900 Fixed operating expenses Common fixed costs 85,800 65,500 140,000 105,700 311,200 91,700 257,000 Operating income 517,200 $125,000 $169,10 Sam is concerned that two of the company's divisions are showing a loss, and he wonders if the company should stop selling hunting and fishing gear to concentrate solely on camping gear. Prepare a segment margin income statement. Fixed cost of goods sold and fixed operating expenses can be traced to each division. (If the amount is negative then enter with a negative sign preceding the number e.g. -5,125 or parenthesis. e.g. (5,125).) Hunting Camping Fishing