Exercise 12-32 Segmented Income Statement; TV Cable Company (LO 12-5) Countywide Cable Services, Inc., is organized with three segments: Metro. Suburban, and Outlying. Data for these segments for the yearjust ended follow. Metro Suburban Outlying Service revenue $1,000,000 $800,000 $400,000 Variable expenses 160,000 110,000 60,000 Controllable fixed expenses 365,000 285,000 115,000 Fixed expenses controllable by others 190,000 160,000 50,000 In addition to the expenses listed above, the company has $70,000 of common fixed expenses. Income-tax expense for the year is $270,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. Segment contribution margin Prot margin controllable by segment manager Prot margin traceable to segment :5 0 $ 0 $ 0 $ 0