Ivanhoe Optics manufactures two products: microscopes and telescopes. Information for each product is as follows.

		Microscopes			Telescopes
Sales price		$	31		$	53
Sales volume			403,496			175,400
Variable cost per unit		$	15		$	18
Annual traceable fixed expenses		$	3,004,200		$	3,501,700
Annual allocated common fixed expenses		$	2,006,200		$	2,005,500

Prepare a segment margin income statement for Ivanhoe Optics that provides detail on both the product lines and the company as a whole. (If the amount is negative then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,125).)

		Microscopes		Telescopes		Total
select an income statement item Sales revenueTraceable fixed expensesVariable expensesSegment marginContribution marginCommon fixed expensesOperating income		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
select an income statement item Common fixed expensesVariable expensesSegment marginSales revenueTraceable fixed expensesOperating incomeContribution margin		enter a dollar amount		enter a dollar amount		enter a dollar amount
select a summarizing line for the first part Sales revenueContribution marginCommon fixed expensesVariable expensesTraceable fixed expensesOperating incomeSegment margin		enter a total amount for the first part		enter a total amount for the first part		enter a total amount for the first part
select an income statement item Operating incomeVariable expensesSales revenueTraceable fixed expensesContribution marginSegment marginCommon fixed expenses		enter a dollar amount		enter a dollar amount		enter a dollar amount
select a summarizing line for the second part Common fixed expensesTraceable fixed expensesSegment marginOperating incomeContribution marginVariable expensesSales revenue		$enter a total amount for the second part		$enter a total amount for the second part		enter a total amount for the second part
select an income statement item Operating incomeTraceable fixed expensesSegment marginContribution marginCommon fixed expensesVariable expensesSales revenue						enter a dollar amount
select a closing name for this statement Operating incomeSales revenueSegment marginCommon fixed expensesContribution marginTraceable fixed expensesVariable expenses						$enter a total amount for this statement