Divisional Income Statements

For the Year Ended December $31,20$ Y$7$Divisional income statements with support department allocations

follows:

the divisions. The revenues, cost of goods sold, and operating expenses for the two divisions are as follows:

Prepare the divisional income statements for the two divisions. Do not round your interim calculations.

Horton Technology

Divisional Income Statements

For the Year Ended December $31,20$ Y$7$