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 $407,790 Commercial Division $55,610 Residential Division 211,060 Residential Division 36,560 Administrative expenses: Net sales: Commercial Division $74,140 Commercial Division $617,860 Residential Division 75,380 Residential Division 376,890 Prepare divisional income statements for Jersey Coast Construction Company. Jersey Coast Construction Company Divisional Income Statements For the Year Ended June 30, 2018 Commercial Division Residential Division $