Sunland Carla Vista Floorings accountant, has prepared the following income statement for the month of May.

		Residential			Commercial				Total
Sales revenue		$	2,768,000		$	3,133,000			$	5,901,000
Variable expenses			1,313,000			2,527,000				3,840,000
Contribution margin			1,455,000			606,000				2,061,000
Fixed expenses			653,000			623,000				1,276,000
Operating income		$	802,000		$	(17,000	)		$	785,000

In preparing the income statement, Sunland was unsure what to do with $248,000 in corporate fixed expenses that cannot be traced to a division. Since these costs were incurred to run the business, and he believed that each division benefited equally, he just allocated half to each division.

(b)

Prepare a segment margin income statement that highlights each divisions contribution to corporate profits. Omit the heading.