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Eastlawn Travel has two operating divisions, Tours and Resorts. The two divisions meet the requirements for segment disciosures. Before transactions between the two divisions are

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Eastlawn Travel has two operating divisions, Tours and Resorts. The two divisions meet the requirements for segment disciosures. Before transactions between the two divisions are considered, revenues and costs are as follows: The two divisions have an amangement by which Resorts gives coupons redeemable for tours and Tours gives discount coupons good for stays at a resort. The value of the coupons for the tours redeemed during the past year totaled $7.4 million. The discount coupons redeemed at the resorts totaled $4.3 million. As of the end of the year, all coupors for the current year expired. Required: Whot are the operating profits for eoch division considering the effects of the costs arising from the joint agreement? Note: Enter your answers in thousands

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