Division A manufactures electronic circuit boards The boards can be sold either to Division B of the same company or to outside customers Last year, the following activity occurred in Division A Selling price per circuit board Variable cost per circuit board $184 $126 Number of circuit boards Produced during the year Sold to outside customers 21,800 14,600 7.200 Sold to Division B Sales to Division B were at the same price as sales to outside customers The circuit boards purchased by Division B were used in an electronic instrument manufactured by that division (one board per instrument) Division B incurred $200 in additional variable cost per instrument and then sold the instruments for $630 each Required 1. Prepare income statements for Division A Division 8, and the company as a whole Division A Division B Total Company Sales Expenses Added by the division Transfer price paid Total expenses Net operating income