Divisional Income Statements The following data were summarized from the accounting records for Ruiz Industries Inc. for the year ended November 30, 2048: Cost of goods sold: Support department allocations: Commercial Division $580,360 Commercial Division $79,140 Residential Division 295,460 Residential Division 51,180 Administrative expenses: Commercial Division $105,520 Commercial Division $879,330 Residential Division 105,520 Residential Division 527,600 Sales: 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