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 $496,370 Commercial Division $67,690 Residential Division 231,640 Residential Division 40,120 Administrative expenses Net sales: Commercial Division$90,250 Commercial Division $752,080 Residential Division 82,730 Residential Division 413,640 Prepare divisional income statements for DeSalvo Construction Company JERSEY COAST CONSTRUCTION COMPANY Divisional Income Statements For the Year Ended June 30, 20Y8 Commercial Division Residential Division