Divisional Income Statements The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8 Service department charges: Cost of goods sold: Commercial Division Commercial Division $912,250 $112,560 Residential Division 423,675 Residential Division 67,830 Administrative expenses: Net sales: Commercial Division $149,800 Commercial Division $1,354,500 Residential Division Residential Division 743,780 128,625 Prepare divisional income statements for Jersey Coast Construction Company. JERSEY COAST CONSTRUCTION COMPANY Divisional Income Statements For the Year Ended June 30, 20Y8 Commercial Division Residential Division $