Operating Income For Segments Xenold, Inc, manufactures and sells cooktops and ovens through three divisions: Home, Restaurant, and Specialty. Each division is evaluated as a profit center. Data for each division for last year are as follows (numbers in thousands): Home Restaurant Specialty $3,600 $2,520 2,630 1,700 320 Sales Cost of goods sold Selling and administrative expenses The income tax rate for Xenold, Inc., is 40 percent. Xenold, Inc., has two sources of financing: bonds paying 5 percent interest, which account for 25 percent of total investment, and equity accounting for the remaining 75 percent of total investment. Xenold, Inc., has been in business for over 15 years and is considered a relatively stable stock, despite its link to the cydical construction industry. As a result, Xenold stock has an opportunity cost of 5 percent over the 4 percent long-term government bond rate, xenold's total capital employed is S5.14 million ($2,700,000 for the Home Division, 1,700,000 for the Restaurant Division, and the remainder for the 5pecialty Division). $4,130 2,900 950 410 Required: 1. prepare segmented income statement for Xenoid, Inc., for last year. Enter the amounts in thousands Xenold, Inc Income Statement (in thousands) For the Year 20xx Specalty Home Restaurant Total 2,520 10,250 3,600 Sales 1,700 2.630 2.900 V Cost of gocds sold 1,230 3,020 1,680 1,340 Gross prof Selling and administrative expense 280 560 S00 Division profit Income taxes After-tax income