Trent Weaver was reviewing the latest income statement for Taryn Enterprises. For the second year in a row, the Collectibles division was showing a negative segment margin, and Trent thought it was time to close the division to increase the companys operating income. The income statement that he examined follows.

Promotions Division Collectibles Division Total

Revenue $5,300,800 $2,861,500 $8,162,300

Less variable expenses 3,668,800 1,646,100 5,314,900

Contribution margin 1,632,000 1,215,400 2,847,400

Less traceable fixed expenses 944,400 1,284,900 2,229,300

Segment margin $687,600 $(69,500 ) 618,100

Common fixed costs 581,000

Net operating income $37,100

When Trent broke the news, Taylor Tatum, manager of the Collectibles division, was upset. Taylor thought that Trent could be making a snap judgment, and suggested that he look at the divisions detailed operating results. The Collectibles division is composed of two groups, Sports Memorabilia and Coins and Stamps. Sports Memorabilia accounts for 60% of the divisions sales and contribution margin; Coins and Stamps accounts for the other 40%. Sports Memorabilias traceable fixed costs are $810,700; Coins and Stamps, $245,100.

(a) Prepare a segment margin income statement for the Collectibles division that shows the segment margin of each group. (If the amount is negative then enter with a negative sign preceding the number e.g. -5,125 or parenthesis. e.g. (5,125) and Round answers to 0 decimal places, e.g. 5,125.)

Please select one from below:	Sports Memorabilia	Coins and Stamps	Total Collectibles Division
Common fixed expenses, Contribution margin, Traceable fixed expenses, Segment margin, Revenue Variable expenses	$	$	$
Less or Add : Segment margin, Operating income, Revenue ,Variable expenses ,Contribution margin Common fixed expenses Traceable fixed expenses	$	$	$
Contribution margin, Traceable fixed expenses Variable expenses, Segment margin, Common fixed expenses, Operating income, Revenue	$	$	$
Contribution margin, Traceable fixed expenses, Segment margin ,Common fixed expenses, Operating income, Revenue, Variable expenses	$	$	$
Variable expenses, Common fixed expenses, Revenue, Operating income, Contribution margin, Traceable fixed expenses, Segment margin	$	$	$
Common fixed expenses, Traceable fixed expenses, Operating income, Segment margin, Revenue, Contribution margin, Variable expenses	$	$	$
Contribution margin, Operating income, Traceable fixed expenses, Variable expenses, Revenue, Segment margin, Common fixed expenses	$	$	$

$ $ $