Divisional Income Statements The following data were summarized from the accounting records for South Seas Coast Construction Company for the year ended June 30, 2018: Service department charges: Cost of goods sold: Commercial Division $397,900 Commercial Division: Residential Division 185,680 Residential Division. $54,260 32,160 Administrative expenses: Sales: Commercial Division $72,350 Commercial Division $602,880 Residential Division 66,320 Residential Division 331,580 Prepare divisional income statements for South Seas Coast Construction Company. South Seas Coast Construction Company Sales Cost of goods sold Gross profit Divisional Income Statements For the Year Ended June 30, 2018 Commercial Division Residential Division Administrative expenses Income from operations before service department allocations Service department allocations Income from operations