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The Walt Disney Company (DIS) is a qlobal entertainment comgany that is organized into four business segrients as follows: Media Neworks: Televialon production and distribution,

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The Walt Disney Company (DIS) is a qlobal entertainment comgany that is organized into four business segrients as follows: Media Neworks: Televialon production and distribution, including ABC television network, ESPN, National Geographic. Parks, Experiences, and Products: Theme parks and resorts, including Walt Disney World and Disneyland; Experiences, including Disney Cruise Line and Disney Vacation Club; Products, including Disney and Pxar characters, comie books, and magazines. Studio Entertainment: Music and motion picture production and distribution, inciuding Twentieth Century Studios, Marvel, and Lucasfilm. Direct-ta-Consumer s intemstional: Streaming services, Including Disney+, EispN+, and Hulu. For a recent yeak, Ditney reported the following segment resuits (in millions): Assume the following percentages of total operating expenses for each segment are variable: a. Prepare a variabie costing inceme statement for The Walt Disney Company by segment. If required, use a minus sign to indicate an operating loss. Round all amounts to the nearest million

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