Jim Coston was reviewing the latest income statement for Trenton Communications. For the second year in a row, the Audio division was showing a negative segment margin, and Jim thought it was time to close the division to increase the company's operating income. The income statement that he examined follows. Sales revenue Less variable expenses Contribution margin Less traceable fixed expenses Segment margin Common fixed costs Net operating income Video Audio Division Division Total $5,318,000 $2,863,500 $8.181,500 3,660,500 1.646.000 5,306,500 1.657,500 1.217.500 2,875,000 952,300 1,276,600 2.228.900 $705,200 $(59.100) 646,100 574,000 $72.100 When Jim broke the news, Chloe Sams, manager of the Audio division, was upset. Chloe thought that Jim could be making a snap judgment, and suggested that he look at the division's detailed operating results. The Audio division is composed of two groups, Streaming and CD. Streaming accounts for 75% of the division's sales and contribution margin: CD accounts for the other 25%. Streaming's traceable fixed costs are $451,600; CD. $351.600. Prepare a segment margin income statement for the Audio division that shows the segment margin of each group. (If the amount is negative then enter with a negative sign preceding the number, e.g.-5,125 or parenthesis, e.g. (5,125) and round answers to decimal places, e.g. 5,125.) CD Streaming 2147625 Total Audio Division 2863500 Revenue 715875 Less : Variable expenses 123450 41150 164600 Contribution margin 913125 304375 1217500 Traceable fixed expenses 451600 351600 803200 Segment margin 461525 $ -47225 414300 Common fixed expenses 473400 Operating income -59100