Divisional Income Statements The following data were summarized fromm the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8 Cost of goods sold: Service department charges: Commercial Division $378,370 Commercial Division $51,600 Residential Division 176,570 Residential Division 30,590 Administrative expenses: Net sales: Commercial Division $68,790 Commercial Division $573,290 Residential Division 63,060 Residential Division 315,310 Prepare divisional income statements for Jersey Coast Construction Company Jersey Coast Construction Company Divisional Income Statements For the Year Ended June 30, 20YS Commercial Division Residential Division