Divisional Income Statements

The following data were summarized from the accounting records for Ruiz Industries Inc. for the year ended November 30, 20Y8:

Cost of goods sold:				Support department allocations:
	Commercial Division	$316,230			Commercial Division	$43,120
	Residential Division	163,680			Residential Division	28,350
Administrative expenses:				Sales:
	Commercial Division	$57,500			Commercial Division	$479,140
	Residential Division	58,460			Residential Division	292,280

Prepare divisional income statements for Ruiz Industries Inc.

Ruiz Industries Inc.
Divisional Income Statements
For the Year Ended November 30, 20Y8
	Commercial Division	Residential Division
	$	$
	$	$
	$	$
	$	$