Divisional Income Statements The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2018: Cost of goods sold: Service department charges: Commercial Division Residential Division Administrative expenses: Commercial Division Residential Division $61,610 39,840 $451,800 Commercial Division 230,000 Residential Division Net sales: $82,140 Commercial Division $684,540 82,140 Residential Division 410,720 Prepare divisional income statements for Jersey Coast Construction Company. Jersey Coast Construction Company Divisional Income Statements For the Year Ended June 30, 2018 .............. Commercial Division Residential Division Net sales Cost of goods sold Gross profit Administrative expenses Income from operations before service department charges Service department charges income from operations.