Pratt Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below: Common fixed expenses totaled $153,000 and were allocated as follows: $73,000 to the Apparel business segment and $80,000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts. See attached file.

Class- Here are some examples for your review. Pratt Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below: Common fixed expenses totaled $153,000 and were allocated as follows: $73,000 to the Apparel business segment and $80,000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts