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Mountain Sports Ltd. Segmented Income Statement-By Product Line For the Year Ended December 31, 2019 oss Country Ski Packad Mountain Bikes Accessories Amount Percent Amount

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Mountain Sports Ltd. Segmented Income Statement-By Product Line For the Year Ended December 31, 2019 oss Country Ski Packad Mountain Bikes Accessories Amount Percent Amount Percent Amount Percent Parts and Service Percent TOTAL Amount Percent Amount SALES 660.766 100% 779,150 100.0% 334,727 100.0% 122,659 100.0% 1,897.302 100.0% Less: Variable Costs (MUST BE LISTED ALPHABETICALLY) Cost of Goods Sold 325,758 49.3% 389,263 50.0% 97,640 29.2% 20,582 16.8% 833,243 43.9% TOTAL CONTRIBUTION MARGIN 208,303 31.5% 240,481 30.9% 172 902 51.7% 99,624 81.2% 721,310 38.0% Less: Traceable Fixed Costs (MUST BE LISTED ALPHABETICALLY) TOTAL Traceable Fixed Costs I SEGMENT MARGIN $174,303 26.4% $ 199,481 25.6% $165,902 49.6% $ 16,624 13.6% $556,310 29.3% Less: Common Fixed Costs (MUST BE LISTED ALPHABETICALLY) Advertising TOTAL Common F/C $380,919 OPERATING INCOME 175,391 Less: Interest Expense 8,000 Earnings before taxes 167,391 Less: Income Tax 35,152 NET INCOME 132.239) Mountain Sports Ltd. Segmented Income Statement-By Product Line For the Year Ended December 31, 2019 oss Country Ski Packad Mountain Bikes Accessories Amount Percent Amount Percent Amount Percent Parts and Service Percent TOTAL Amount Percent Amount SALES 660.766 100% 779,150 100.0% 334,727 100.0% 122,659 100.0% 1,897.302 100.0% Less: Variable Costs (MUST BE LISTED ALPHABETICALLY) Cost of Goods Sold 325,758 49.3% 389,263 50.0% 97,640 29.2% 20,582 16.8% 833,243 43.9% TOTAL CONTRIBUTION MARGIN 208,303 31.5% 240,481 30.9% 172 902 51.7% 99,624 81.2% 721,310 38.0% Less: Traceable Fixed Costs (MUST BE LISTED ALPHABETICALLY) TOTAL Traceable Fixed Costs I SEGMENT MARGIN $174,303 26.4% $ 199,481 25.6% $165,902 49.6% $ 16,624 13.6% $556,310 29.3% Less: Common Fixed Costs (MUST BE LISTED ALPHABETICALLY) Advertising TOTAL Common F/C $380,919 OPERATING INCOME 175,391 Less: Interest Expense 8,000 Earnings before taxes 167,391 Less: Income Tax 35,152 NET INCOME 132.239)

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