Vega Foods, Inc., has recently purchased a small mill that it intends to operate as one of its subsidiaries. The newly acquired mill has three products that it offers for salewheat cereal, pancake mix, and flour. Each product sells for $10 per package. Materials, labor, and other variable production costs are $3.60 per bag of wheat cereal, $4.80 per bag of pancake mix, and $2.40 per bag of flour. Sales commissions are 10% of sales for any product. All other costs are fixed.

The mills income statement for the most recent month is given below:

				Product Line
	Total Company			Wheat Cereal			Pancake Mix			Flour
Sales	$	780,000		$	260,000		$	360,000		$	160,000
Expenses:
Materials, labor, and other		304,800			93,600			172,800			38,400
Sales commissions		78,000			26,000			36,000			16,000
Advertising		147,320			61,500			62,000			23,820
Salaries		81,100			38,500			19,600			23,000
Equipment depreciation		39,000			13,000			18,000			8,000
Warehouse rent		15,600			5,200			7,200			3,200
General administration		90,000			30,000			30,000			30,000
Total expenses		755,820			267,800			345,600			142,420
Net operating income (loss)	$	24,180		$	(7,800)		$	14,400		$	17,580

The following additional information is available about the company:

a.	The same equipment is used to mill and package all three products. In the above income statement, equipment depreciation has been allocated on the basis of sales dollars. An analysis of equipment usage indicates that it is used 30% of the time to make wheat cereal, 60% of the time to make pancake mix, and 10% of the time to make flour.
b.	All three products are stored in the same warehouse. In the above income statement, the warehouse rent has been allocated on the basis of sales dollars. The warehouse contains 31,200 square feet of space, of which 8,000 square feet are used for wheat cereal, 14,000 square feet are used for pancake mix, and 9,200 square feet are used for flour. The warehouse space costs the company $.50 per square foot per month to rent.
c.	The general administration costs relate to the administration of the company as a whole. In the above income statement, these costs have been divided equally among the three product lines.
d.	All other costs are traceable to the product lines.

Vega Foods management is anxious to improve the mills 3.10% margin on sales.

Required:

1.

Prepare a new contribution format segmented income statement for the month. Adjust the allocation of equipment depreciation and warehouse rent as indicated by the additional information provided. (Input all amounts as positive values except losses which should be indicated by a minus sign. Round your final answers to the nearest dollar amount. Omit the "$" sign in your response.)