Divisional income statements The following data were summarized from the accounting records for Gonzaga industries Inc, for the year ended November 30 , 2oYs: Prepare divisional income statements for Gonzaga Industries Inc. Divional income statements with supeort deportment al betations 20y7, are as foliows \begin{tabular}{lr} Tech Services Department & 5020,000 \\ Purchaaing Department & 340,000 \\ other corporate administrative expenses & 503,000 \\ Total nxpense & 51,671,000 \\ \hline \end{tabular} ivisons are as follgws: convicered controllable by the cviefect. The revenues, cost of goods sold, and operating axpenses for the twe dividions are as follows: \begin{tabular}{lcc} & Consumer & Commercial \\ \hline Revenues: & $7,361,800 & 56,290,200 \\ Host of goods sold & 4,098,900 & 3,176,300 \\ Dperating expensers & $,444,000 & 1,572,400 \end{tabular} Prepare the givisishal tncome statemente for the two divishs. Do not round your interim calculations. Horton Technology Divisional Income statements For the Year Ended December 31,20y7 Consumer Commercial Division Division. Line Item Description Horton Technology Divisional Income Statements For the Year Ended December 31, 20Y7 Consumer Commercial Division Division Line Item Description Revenues Cost of coods sold Gross profit v Operating expenses v Operating income before support department allocations Support department allocations: Tech service department Purchasing department Total support department allocations Operating income