Divisional Income Statements The following data were summarized from the accounting records for Ruiz Industries Inc. for the year ended November 30, 2018: Support department allocations: Cost of goods sold: Commercial Division $544,240 Commercial Division Residential Division 277,070 Residential Division $74,210 47,990 Administrative expenses: Sales: Commercial Division $98,950 Commercial Division $824,600 Residential Division 98,950 Residential Division 494,760 Prepare divisional income statements for Ruiz Industries Inc. Ruiz Industries Inc. Divisional Income Statements For the Year Ended November 30, 2018 Commercial Division Residential Division