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	$342,370			Commercial Division	$46,690
	Residential Division	162,670			Residential Division	28,180
Administrative expenses:				Sales:
	Commercial Division	$62,250			Commercial Division	$518,740
	Residential Division	58,100			Residential Division	290,490

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
Sales	$fill in the blank 2	$fill in the blank 3
Cost of goods sold	fill in the blank 5	fill in the blank 6
Gross profit	$fill in the blank 8	$fill in the blank 9
Administrative expenses	fill in the blank 11	fill in the blank 12
Operating income before support department allocations	$fill in the blank 14	$fill in the blank 15
Support department allocations	fill in the blank 17	fill in the blank 18
Operating income	$fill in the blank 20	$fill in the blank 21