Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying.

Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying.

Data for these segments for the year just ended follow.

Metro Suburban Outlying

Service revenue .......................................................................... $1,000,000 $800,000 $400,000

Variable expenses ....................................................................... 200,000 150,000 100,000

Controllable fixed expenses ......................................................... 400,000 320,000 150,000

Fixed expenses controllable by others .......................................... 230,000 200,000 90,000

In addition to the expenses listed above, the company has $95,000 of common fixed expenses.

Income-tax expense for the year is $145,000.

Required:

1. Prepare a segmented income statement for Countywide Cable Services, Inc. Use the contribution format.