oxaway Company is a merchandiser that segments its business into two divisionsCommercial and Residential. The companys accounting intern was asked to prepare segmented income statements that the companys divisional managers could use to calculate their break-even points and make decisions. She took the prior months companywide income statement and prepared the absorption format segmented income statement shown below:

	Total Company			Commercial			Residential
Sales	$	885,000		$	295,000		$	590,000
Cost of goods sold		572,300			153,400			418,900
Gross margin		312,700			141,600			171,100
Selling and administrative expenses		276,000			122,000			154,000
Net operating income	$	36,700		$	19,600		$	17,100

In preparing these statements, the intern determined that Toxaways only variable selling and administrative expense is a 10% sales commission on all sales. The companys total fixed expenses include $73,500 of common fixed expenses that would continue to be incurred even if the Commercial or Residential segments are discontinued, $68,000 of fixed expenses that would be avoided if the Commericial segment is dropped, and $46,000 of fixed expenses that would be avoided if the Residential segment is dropped.

Redo the interns segmented income statement using the contribution format.

Toxaway Company
Income Statement
	Total Company	Commercial	Residential
Sales	$885,000	$295,000	$590,000
Variable expenses:
Cost of goods sold	572,300	153,400	418,900
Sales commissions	88,500	29,500	59,000
Total variable expenses	660,800	182,900	477,900
	224,200	112,100	112,100
Segment margin	224,200	$112,100	$112,100
Traceable fixed expenses
Common fixed expenses
Net operating income	$224,200

Please help fill in the blanks im stuck