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Divisional Income Statements The following data were summarized from the accounting records for Ruiz Industries Inc. for the year ended November 30, 2048: Support department allocations: Commercial Division $68,160 Residential Division 44,810 Cost of goods sold: Commercial Division $499,810 Residential Division 258,690 Administrative expenses: Commercial Division $90,870 Residential Division 92,390 Sales: $757,290 Commercial Division Residential Division 461,950 Prepare divisional income statements for Ruiz Industries Inc. Ruiz Industries Inc. Divisional Income Statements For the Year Ended November 30, 2018 Commercial Division Sales Residential Division Cost of goods sold X Gross profit X Administrative expenses X Operating income before support department allocations Support department allocations Operating income