I need Calculations please!

Music Teachers, Incorporated, is an educational association for music teachers that has 19,900 members. The association operates from a central headquarters but has local membership chapters throughout the United States Monthly meetings are held by the local chapters to discuss recent developments on topics of interest to music teachers. The associaton's magazine, Teachers' Forum, is issued monthly with features about recent developments in the field The association publishes books and reports and also sponsors professional courses that quality for continuing professional education credit. The association's statement of revenues and expenses for the current year is presented below. $ 3,352,300 Music Teachers. Incorporated Statement of Revenues and Expenses For the Year Ended November 30 Revenues Expenses: Salaries Personnel costs Occupancy costs Reimbursement of member costs to local chapters Other membership services Printing and paper Postage and shipping Instructors fees General and administrative Total expenses Excess of revenues over expenses 977,000 244,250 228,000 580,000 590,000 320,000 162,000 73.000 31.000 3,205,250 $147,050 The board of directors of Music Teachers, Incorporated, has requested that a segmented income statement be prepared showing the contribution of each segment to the association The association has four segments Membership Division Magazine subscriptions Division, Books and Reports Division, and Continuing Education Division Mike Doyle has been assigned responsibility for preparing the segmented income statement, and he has gathered the following data a The 19,900 members of the association pay dues or 5100 per year, of which 520 covers a one-year subscription to the Teachers Forum Other benefits include membership in the association and chapter amination The portion of the dues covering the magazine subscription (520) should be assigned to the Magazine subscriptions Division b. A total of 3,900 one-year subscriptions to Teachers Forum were also sou last year to nonmembers and branes at $92 per subscription. In addition to subscriptions, the journal generated $115,000 in advertising revenues c. The costs to produce the Teachers Forum magazine included 58 per subscription for printing and paper and sa per subscription for postage and shipping d. A total of 28,700 technical reports and professional texts were sold by the Books and Reports Division at an average selling price per unit of $25 Average costs per publication were $4 for printing and paper and $2 for postage and shipping e. The association offers a variety of continuing education courses to both members and nonmembers. The one-day courses had a tuition cost of $75 each and were attended by 2.400 students. A total of 1800 students took two day courses at a tuition cost of 5125 for each student Outside instructors were paid to teach some courses 1 Salary costs and space occupied by division follow Space Occupied Salaries (square feet) Membership $ 211,000 3,000 Magazine subscriptions 158,000 1,000 Books and Reports 320,000 1,000 Continuing Education 199,000 2,000 Corporate staff 39,000 3,000 Total 5 977,600 10,000 Personnel costs are 25% of salaries in the separate divisions as well as for the corporate staft The $228,000 in occupancy costs (which can be allocated to segments based on their square feet occupled) includes $54,000 in rental cost for a warehouse used by the Books and Reports Division for storage purposes. Assume that this cost could be avoided if the division were eliminated g Printing and paper costs other than for magazine subscriptions and for books and reports relate to the Continuing Education Division n. General and administrative expenses include costs relating to overall administration of the association as a whole. The company's corporate staff does some maling of materials for general administrative purposes. The expenses that can be traced or assigned to the corporate staff, as well as any other expenses that are not traceable to the segments, wil be treated as common costs. It is not necessary to distinguish between variable and fed costs Required: 1. Prepare a segmented income statement for Music Teachers, Incorporated this statement should show the segment margin for each division as well as results for the association as a whole, Segmented Income Statement For the year ended November 30 Division Association Total Membership Magazine Subscriptions Books & Reports Continuing Education Sales Membership dues Non-member journal subscriptions Reports and texts Continuing education courses Advertising Total revenues 0 0 Expenses traceable to segments Salaries Personnel costs Occupancy costs Printing and paper Postage and shipping Instructors' fees Reimbursement of member costs to local chapters Other membership services 0 0 0 0 0 $ 05 0 0 s Total traceable expenses Division segment margindoss) Common expenses not traceable to divisions. Salaries corporate stat Personnel costs Occupancy costs Postage and shipping General and administrative Total common expenses Excess of revenues over expenses 0