The most recent monthly income statement for Kennaman Stores is given below: Sales...... Store I Store II $800,000 Variable expenses... Contribution margin.. Traceable fixed expenses. Segment margin... Common fixed expenses. Net operating income.... Total $2,000,000 $1,200,000 1,200,000 840,000 360,000 800,000 360,000 440,000 400,000 220,000 180,000 400,000 140,000 260,000 300,000 180,000 120,000 $ 100,000 $ (40,000) $140,000