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The Walt Disney Company (DIS) is a global entertainment company that is organized into four business segments as follows: Media Networks: Television production and distribution,

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The Walt Disney Company (DIS) is a global entertainment company that is organized into four business segments as follows: Media Networks: Television production and distribution, including ABC television network, ESPN, National Geographic. Parks, Experiences, and Products: Theme parks and resorts, including Wait Disney World and Disneyland; Experiences, including Disney Cruise Line and Disney Vacation Cub; Products, including Disney and Poxar characters, comic books, and magazines. Studio Entertainment: Music and motion picture production and distribution, including Twentieth Century Studios, Marvel, and Lucasflim. Direct-to-Consumer \& international: Streaming services, inciudang Disney +, ESPN+, and Hulu. For a recent year, Disney reported the following segment results (in millions): Assume the following percentages of total operating expenses for each segment are variable: a. Prepare a variable costing income statement for The Wait Disney Company by segment. If required, use a minus sign to indicate an operating loss. Round alt amounts to the nearest million

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