Divisional Income Statements The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2048: Cost of goods sold: Service department charges Commercial Division $556,330 Commercial Division $75,860 Residential Division 269,060 Residential Division 46,610 Administrative expenses: Net sales: Commercial Division $101,150 Commercial Division $842,930 Residential Division 96,090 Residential Division 480,470 Prepare divisional income statements for DeSalvo Construction Company JERSEY COAST CONSTRUCTION COMPANY Divisional Income Statements For the Year Ended June 30, 2018 Commercial Division Residential Division