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Jane Baldwin, Anderson Flooring's accounting intern, has prepared the following income statement for the month of June Residential Commercial Total Sales revenue Variable expenses Contribution

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Jane Baldwin, Anderson Flooring's accounting intern, has prepared the following income statement for the month of June Residential Commercial Total Sales revenue Variable expenses Contribution margin Fixed expenses Operating income $ $ 1,750,000 $3,125,000 4,875,000 3,555,000 1,320,000 1,265,000 70,000 (15,000 55,000 1,035,000 715,000 645,000 2,520,000 605,000 620,000 In preparing the income statement, Jane was unsure what to do with $250,000 in corporate fixed expenses that cannot be traced to a particular division. Since these costs were incurred to run the business as a whole, and she believed that each division benefited equally, she just allocated half to each division. Prepare a segment margin income statement that highlights each division's contribution to corporate profits. (If the amount is negative then enter with a negative sign preceding the number e.g.-5,125 or parenthesis. e.g. (5,125). Residential Commercial Total

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