The most recent monthly income statement for Kennaman Stores is given below: Total Store I Store II $2,000,000 $1,200,000 $800,000 Variable expenses. .......... 1,200,000 840,000 360,000 Contribution margin................ 800,000 360,000 440,000 Traceable fixed expenses . . .... 400,000 220,000 180,000 Segment margin.. 400,000 140,000 260,000 Common fixed expenses.. .. ..... 300,000 180,000 120.000 Net operating income. $ 100.000 $ (40.000) $140.000