Required a. Prepare an income statement for July segmented by product line. Include a column for the entire firm. b. Prepare an income statement for July segmented by sales territory. Include a column for the entire firm. c. Prepare an income statement for July by line for The Americas sales territory. Include a column for the territory as a whole. Produ manufactured in a single facility. Although de- preciation and supervision are allocated by product line, those costs are not allocated by territory. d. Discuss the value of multilevel segment reporting as a managerial tool. Compare and contrast the benefits of the reports generated in parts a, b, and c