Divisional Income Statements with Support Department Allocations Horton Technology has two divisions, Consumer and Commercial, and two corporate support departments, Tech Services and Purchasing. The corporate expenses for the year ended December 31, 2017, are as follows: Tech Services Department $1,065,600 Purchasing Department 223,500 Other corporate administrative expenses 554,000 Total expense $1,843,100 The other corporate administrative expenses include officers' salaries and other expenses required by the corporation. The Tech Services Department allocates costs to the divisions based on the number of computers in the department, and the Purchasing Department allocates costs to the divisions based on the number of purchase orders for each department. The services used by the two divisions are as follows: Tech Services Purchasing Consumer Division 440 computers 5,200 purchase orders Commercial Division 280 9,700 Total 720 computers 14,900 purchase orders The support department allocations of the Tech Services 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 $8,575,700 $6,488,200 4,764,300 3,276,200 Cost of goods sold Operating expenses 1,682,100 1,621,900 Prepare the divisional income statements for the two divisions. Do not round your interim calculations. Horton Technology Divisional Income Statements For the Year Ended December 31, 2047 Consumer Division Commercial Division Revenues $ 8,575,700 $ 6,488,200 Cost of goods sold 4,764,300 3,276,200 Gross profit $ 3,811,400 3,212,000 Operating expenses 1,682,100 1,621,900 Operating income before support department allocations 2,129,300 1,590,100 Support department allocations: Tech service department $ 651,200 $ 414,400 Purchasing department 78,000 Total support department allocations Operating income $