Quincy Corp. produces three products: X, Y, and Z. The income statement for 2014 is as follows: Sales $3,000,000 Less variable costs -1,905,000 Contribution margin $1,095,000 Less fixed expenses: Manufacturing $200,000 Selling and administrative 140,000 - 340,000 Net income $ 755,000 The sales, contribution margin ratios, and direct fixed expenses for the three types of products are as follows: X Y Z Sales $600,000 $600,000 $1,500,000 Contribution margin ratio 35% 30% 40% Direct fixed expenses of products $80,000 $50,000 $40,000 Prepare income statements segmented by products and include a column for the entire firm in the statement.