Divisional Income Statements

The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8:

Cost of goods sold:				Service department charges:
	Commercial Division	$468,050			Commercial Division	$63,820
	Residential Division	234,300			Residential Division	40,580
Administrative expenses:				Net sales:
	Commercial Division	$85,100			Commercial Division	$709,160
	Residential Division	83,680			Residential Division	418,400

Prepare divisional income statements for Jersey Coast Construction Company.

Jersey Coast Construction Company
Divisional Income Statements
For the Year Ended June 30, 20Y8
	Commercial Division	Residential Division
	$	$
	$	$
	$	$
	$	$