Please help me with required #3. Thank you!

The Regal Cycle Company manufactures three types of bicycles-o dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow. Dirt Mountain Racing Total Bikes Bikes Bikes $ 925,828 $266,628 $ 485,628 $ 254,620 473.000 114.000 201,ese 158,888 452, ese 152.000 284,828 96,828 Sales Variable manufacturing and selling expenses Contribution margin Fixed expenses: Advertising, traceable Depreciation of special equipment Salaries of product line nanagers Allocated conton fixed expenses Total fixed expenses Net operating income (loss) 78,420 8.800 48,700 20.920 44,100 21. Be 7,720 15,480 114.900 40,920 38,280 35,800 185.000 53,280 81.ee se.ee 414,420 123,988 167.6ee 122.900 37,620 $ 28,100 $ 36,420 $(26,902) *Allocated on the basis of soles dollars. Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce racing bikes has no resale value and does not wear out. Required: 1. What is the financial advantage (disadvantage) per quarter of discontinuing the Racing Bikes? 2. Should the production and sale of racing bikes be discontinued? 3. Prepare a properly formatted segmented income statement that would be more useful to management in assessing the long-run profitability of the various product lines. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a properly formatted segmented income statement that would be more useful to management in assessing the long- run profitability of the various product lines. Totale Dirt Bikes Mountain Bike Racing Bikes 0 0 0 Contribution margin (los) Traceable fixed expenses: 0 Total traceable fixed expenses Product line segment margin (loss) 0 S 0 S S 0 Net operating income (lass) S 0