Niangua Co. is divided into three segments and is interested in preparing a segmented income statement in order to better understand the operating performance of each segment. Fixed expenses in each division currently include an allocation of general corporate expenses equal to 20% of the division's sales.

	Division 1			Division 2				Division 3
Sales	$	320,000		$	200,000			$	280,000
Variable expenses		208,000			120,000				152,000
Contribution margin	$	112,000		$	80,000			$	128,000
Fixed expenses		80,000			88,000				72,000
Net income (loss)	$	32,000		$	(8,000	)		$	56,000

(a.) Complete the following segmented income statement for Niangua Co.

	Total Company	Division 1	Division 2	Division 3
Sales
Variable expenses
Contribution margin
Direct fixed expenses
Segment margin
Common fixed expenses
Net income (loss)