Data for January for Bondi Corporation and Its Two Major

Multiple Choice

Data for January for Bondi Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $179,000 and were allocated as follows: $93,000 to the North business segment and $86,000 to the South business segment.
A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:

A) $(7,000)
B) $172,000
C) $351,000
D) $496,000