1. Prepare segmented income statements for the three products. Refer to the list of Amount Descriptions for the exact wording of text items within your income statement. Round your answers to the nearest dollar. Input expenses as positive numbers. AudioMart Segmented Income Statement System A, System B, and Headset Add: Common fixed cost Add: Direct fixed cost Add: Variable expenses Contribution margin Less: Common fixed cost Less: Direct fixed cost Less: Variable expenses Operating income Operating loss Sales Segment margin 1 System A System B Headset Total 2 3 4 5 6 7 8 2(a) Prepare segmented income statements for System A and the headsets assuming that System B is dropped. Refer to the list of Amount Descriptions for the exact wording of text items within your income statement. Round your answers to the nearest dollar. Input expenses as positive numbers. (Note: Be sure to complete 2(b) below the statement.) AudioMart Segmented Income Statement System A and Headset 1 Add: Common fixed cost Add: Direct fixed cost Add: Variable expenses Contribution margin Less: Common fixed cost Less: Direct fixed cost Less: Variable expenses Operating income Operating loss Sales Segment margin 1 System A Headset Total 2 3 4 5 6 7 8 Suppose that a third system, System C, with a similar quality to System B, could be acquired. Assume that with C the sales of A would remain unchanged; however, C would produce only 80% of the revenues of B, and sales of the headsets would drop by 10%. The contribution margin ratio of C is 50%, and its direct fixed costs would be identical to those of B. 3(a) Prepare segmented income statements for System A, System C and the headsets. Refer to the list of Amount Descriptions for the exact wording of text items within your income statement. Round your answers to the nearest dollar. Input expenses as positive numbers. (Note: Be sure to complete 3(b) below the statement.) AudioMart Segmented Income Statement System A, System C, and Headset Add: Common fixed cost Add: Direct fixed cost Add: Variable expenses Contribution margin Less: Common fixed cost Less: Direct fixed cost Less: Variable expenses Operating income Operating loss Sales Segment margin 1 2 System A System C Headset Total 2 3 4 5 6 7 8 AudioMart Segmented Income Statement System A, System B, and Headset 3.