Divisional Income Statements The following data were summarized from the accounting records for South Seas Coast Construction Company for the year ended June 30, 2048: Cost of goods sold: Service department charges: Commercial Division $1,094,700 Commercial Division $135,070 Residential Division 508,410 Residential Division 81,400 Administrative Sales: expenses: Commercial Division $179,760 Commercial Division $1,625,400 Residential Division 154,350 Residential Division 892,540 Prepare divisional income statements for South Seas Coast Construction Company. South Seas Coast Construction Company Divisional Income Statements For the Year Ended June 30, 20Y8 Commercial Residential Division Division $ $