Directions: 1) Use the above information to allocate the appropriate departmental expenses to the Profit Centers. 2) Prepare a corrected Departmental Income Statement. Revenues Operating Expenses Shoes 6150,000 1,537,500 Handbags 4,950,000 1.237 500 Clothing 15,750,000 3,937 500 Income from operations before service departments & investment centers charges 4612,500 3,712,500 11,812,500 Service Department Charges Human Resources Accounting Customer Service Subtotal 1,050,000 1,450,000 2,260,000 4,760,000 1,050,000 1,450,000 2,260,000 4,760,000 1,050,000 1,450,000 2,260,000 4,760,000 Investment Center Charges Treasury Department Fixed Assets Department Subtotal 950,000 1,200,000 2 150,000 1.200,000 2,150,000 950,000 1,200,000 2,150,000 Income from Operations (2.297,500) (3,197,500) 4,902,500 Additional Information Available: S Number of employees Number of customers Invested Assets Number of Invoices processed hoes Handbags 25 20 2,800 2,100 $ 2,500,000 $ 1,500,000 10,500 5,250 Clothing 55 9,100 $6,500,000 19,250