Divisional income statements with service department charges Instructions Labels and Amount Descriptions Divisional Income Statements X Instructions Grael Technology has two divisions, Consumer and Commercial, and two corporate service departments, Tech Support and Purchasing. The corporate expenses for the year ended December 31, 20Y7, are as follows: Tech Support Department $ 567,000 Purchasing Department 96,900 Other corporate administrative expenses 590,000 Total corporate expense $1,253,900 The other corporate administrative expenses include officers' salaries and other expenses required by the corporation. The Tech Support Department charges the divisions for services rendered, based on the number of computers in the department, and the Purchasing Department charges divisions for services, based on the number of purchase orders for each department. The usage of service by the two divisions is as follows: Tech Support Purchasing Consumer Division 360 computers 1,990 purchase orders Commercial Division 270 Total 3,710 630 computers 5,700 purchase orders Instructions number of purchase orders for each department. The usage of service by the two divisions is as follows: Tech Support Purchasing Consumer Division 360 computers 1,990 purchase orders Commercial Division 270 Total 3,710 630 computers 5,700 purchase orders The service department charges of the Tech Support Department and the Purchasing Department are considered controllable by the divisions. Corporate administrative expenses are not considered controllable by the divisions. The revenues, cost of goods sold, and operating expenses for the two divisions are as follows: Consumer Commercial Revenues $7,440,000 $6,189,000 Cost of goods sold 4,112,000 3,119,500 Operating expenses 1,458,000 1,543,000 Prepare the divisional income statements for the two divisions. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. "Less" or "Plus" and colons will automatically appear if it is required. Be sure to complete the statement heading. visional income statements with service department charges Instructions Labels and Amount Descriptions Divisional Income Statements Instructions nu Labels and Amount Descriptions Labels For the Year Ended December 31, 20Y7 For the Month Ended December 31, 20Y7 Service department charges Amount Descriptions Advertising Department Cost of goods sold Gross profit Income from operations X co ble by foll Income from operations before service department charges Th F8 Operating expenses Purchasing Department Revenues Selling expenses Tech Support Department Pr Descriptions for the exact wording of the answer con Divisional income statements with service department charges Instructions Labels and Amount Descriptions Divisional Income Statements Instructions nu Labels and Amount Descriptions Divisional Income Statements X Prepare the divisional income statements for the two divisions. Refer to the list of Labels and Amount Descriptions for the exact w statement heading 2 3 5 7 4 (Label) 10 Total service department charges 11 Income from operations GRAEL TECHNOLOGY Divisional Income Statements (Label) Consumer Commercial Division Division