Divisional income statements with support department allocations Horton Technology has two divistons, Consumer and Commercial, and two corporate support departments, Tech Services and Purchasing, The corporate expenses for the year ended December 31,20y7, are as follows: The other corporate administrative expenses include officers' salaries and other expenses required by the corporation. The Tech Services Department allocites costs to the divisions based on the number of computers in the department, and the Purchasing bepaitment aflocates costs to the divisions based on the number of purchase orders for each department. The services used by the two divisions ace as followis: The support department allocations of the Tech Services Department and the Purchasing Department are considered centrollable br the divisions. Corporate adminiatrative expenses are not considered controllable by the divlsions. The revenues, cost of goode sold, and operating expenses for the twe divisions are as follewi: Prepare the divisional. Income statements for the two divisions: Do not round your interim calculations. 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, 20Y7