Divisional Income Statements and Return on Investment Analysis E.F. Lynch Company is a diversified investment company with three operating divisions organized as investment centers. Condensed data the the three divisions for the year ended June 30,20Y8, are as follows: The management of E.F. Lynch Company is evaluating each division as a basis for planning a future expansion of operations. Required: 1. Prepare condensed divisional income statements for the three divisions, assuming that there were no support department allocations. Theck My Work 1. For each division, subtract operating expenses from fee revenue. Using the Dupont formula for return on investment, compute the profit margin, investment turnover, and return on investment for each division. Round inswers to one decimal place