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Flint, Ltdmanufactures boats and personal watercraft. The company operates three separate divisions: yachts, sailboats, and jet skis. The company's latest income statement is presented by

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Flint, Ltdmanufactures boats and personal watercraft. The company operates three separate divisions: yachts, sailboats, and jet skis. The company's latest income statement is presented by product line as follows: Yachts Sailboats Jet Skis Total Sales revenue $ 62,485.000 $ 24,640,000 $ 6,268,000 $ 93,393,000 Variable cost of goods sold 31,809,000 13,930.000 3.641,000 49,380,000 Fioved cost of goods sold 9,001.000 5,020,000 700,000 14,721,000 Gross proht 21,675.000 5,690.000 1,927,000 29,292,000 2,005.000 1,520,000 865,000 10,390,000 Variable operating expenses Foed operating expenses Allocated corporate costs 4,035.000 1,020,000 324,000 5,379.000 3,005.000 2,032,000 1,001,000 4,038,000 Operating income $ 4,630,000 $ 1,118.000 $ (263,000 $ 7,485.000 Prepare a segment margin income statement showing each of the three divisions. Foed cost of goods sold and fixed operating expenses can be traced to each product line. (If the amount is negative then enter with a negative sign preceding the number, eg -5,125 or parenthesis, eg. (5.125 achts Sailboats Jet Skis Total 62485000 24640000 6268000 93393000 -31809000 1 -13930000 -3641000 -49390000 30676000 10710000 2627000 44013000 -3005000 -1520000 -365000 -10390000 -13030000 -6040000 -1024000 -20100000 9635000 3150000 738000 13523000 -3005000 -2032000 -1001000 -8038000 7485000 59770000

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