Procter & Gamble provided the following data for its product lines:

Product Line	Sales ($)	Variable Costs ($)	Fixed Costs ($)
Beauty	20,000,000	12,000,000	3,000,000
Health	30,000,000	18,000,000	4,000,000
Home Care	25,000,000	15,000,000	5,000,000

Requirements:

1. Prepare a segmented Income Statement.
2. Calculate the Contribution Margin for each product line.
3. Determine the segment margin for each product line.
4. Analyze the impact of discontinuing the Home Care line on overall profitability.
5. Discuss the strategic importance of product line profitability analysis.