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 $480,390 Commercial Division $65,510 Residential Division 240,490 Residential Division 41,660 Administrative expenses: Sales: Commercial Division $87,340 Commercial Division $727,870 Residential Division 85,890 Residential Division 429,440 Prepare divisional income statements for Ruiz Industries Inc. Ruiz Industries Inc. Divisional Income Statements For the Year Ended November 30, 2018 Commercial Division Residential Division Sales Cost of goods sold Gross profit Administrative expenses Operating income before support department allocations Ruiz Industries Inc. Divisional Income Statements For the Year Ended November 30, 2018 Commercial Division Residential Division Sales Cost of goods sold Gross profit Administrative expenses Operating income before support department allocations JQ0000 Support department allocations Operating income