Sandhill Corporation produces and sells two products, Basic and Super. Data for activity during March are as follows: Basic Super Sales $221,000 $271,000 Contribution margin 25% 28% Total fixed costs $86,000 $86,000 Prepare a segment margin income statement. Omit the heading. Common fixed costs of $46,000 are allocated Basic and $51,000 to Super. (If the amount is negative then enter with a negative sign preceding the number, eg. -5,125 or parenthesis, e.g. (5,125)) < < $ Basic I $ Super $ Total Flounder, Ltd., manufactures boats and personal watercraft. The company operates three separate divisions: yachts, sailboats, and jet skis. The company's latest income statement is presented by product line as follows: Yachts Sailboats Jet Skis Total Sales revenue $ 61,208,000 $ 24,080,000 $ 6,360,000 $ 91,648,000 Variable cost of goods sold 31,802,000 13,340,000 3,590,000 48,732,000 Fixed cost of goods sold 9,002,000 5,020,000 702,000 14,724,000 Gross profit 20,404,000 5,720,000 2,068,000 28,192,000 Variable operating expenses 8,003,000 1,520,000 865,000 10,388,000 Fixed operating expenses 4,035,000 1,020,000 349,000 5,404,000 Allocated corporate costs 3,011,000 2,027,000 1,021,000 6,059,000 Operating income 5,355,000 $ 1,153,000 (167,000) 6,341,000 (a) Prepare a segment margin income statement showing each of the three divisions. Fixed cost of goods sold and fixed operating expenses can be traced to each product line. (If the amount is negative then enter with a negative sign preceding the number, eg. -5,125 or parenthesis, eg. (5,125).) Yachts Sailboats Jet Skis (a) Prepare a segment margin income statement showing each of the three divisions. Fixed cost of goods sold and fixed operating expenses can be traced to each product line. (If the amount is negative then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, eg. (5,125).) Yachts Sailboats Jet Skis $ $ $ (a) Prepare a segment margin income statement showing each of the three divisions. Fixed cost of goods sold and fixed operating expenses can be traced to each product line. (If the amount is negative then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,125).) Yachts Sailboats Jet Skis Total $ $