Effect of proposals on divisional performance A condensed income statement for the Commercial Division of Maxell Manufacturing Inc. for the year ended December 31 , 20Y9, is as follows: at least 21% by the end of the next year if operations are to continue. The division manager is considering the following three proposals: equipment by $105,000. This increase in expense would be included as part of the cost of goods sold. Sales would remain unchanged. $1,338,000 would be transferred to other divisions at no gain or loss. Required: 2. Prepare condensed estimated income statements and compute the invested assets for each proposal. Maxell Manufacturing Inc. Commercial Division Estimated Income Statements Feedback V Check My Work information provided