Exercise 86 Finney Company's condensed income statement is presented below: Revenues $928,000 Expenses Cost of goods sold $400,000 Operating and administrative expenses Depreciation expense 128,000 37,000 565,000 Income before taxes 363,000 Income tax exxpenses 78,000 Net income $285,000 Earnings per share (100,000 shares) $2.85 The following data is compiled relative to Finney's operating segments: Percent Identified with Segment Hotels Grains Candy Revenues Cost of goods sold 44 % 49 % 7% 46 8 46 Operating and administrative expense 36 51 13 Depreciation expense 46 42 12 Included in the amounts allocated to each segment on the above percentages are the following expenses which relate to general corporate activities: Operating Segment Hotels Grains Candy Totals Operating and administrative expense $14,000 $6,000 $2,200 $22,200 3,700 Depreciation expense 4,800 2,600 11,100 (a) Prepare a schedule showing the amounts distributed to each segment Operating Segment Hotels Grains Candy Totals Revenues Expenses Cost of goods sold Operating and admin. expense Depreciation expense Total expenses Operating profit Click if you would like to Show Work for this question: Open Show Work (a) Prepare a schedule showing the amounts distributed to each segment. Operating Segment Hotels Grains Candy Totals Revenues Expenses Cost of goods sold Operating and admin. expense Depreciation expense Total expenses Operating profit Click if you would Ilike to Show Work for this question: Open Show Winrk