Instructions The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8: Cost of goods sold: Commercial Division $916,000 Residential Division 445,950 $150,600 128,800 Administrative expenses: Commercial Division Residential Division Service department charges: Commercial Division Residential Division $113,400 68,700 Sales: Commercial Division $1,362,000 Residential Division 747,020 Prepare divisional income statements for Jersey Coast Construction Company. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. mount Descriptions Amount Descriptions Administrative expenses Cost of goods sold Gross profit Income from operations Income from operations before service department charges Sales Selling expenses Service department charges Transportation expenses Divisional Income Statements Prepare divisional income statements for Jersey Coast Construction Company. Refer to the Amount Descriptions provided for the exact wording of the answer choices for text entries. JERSEY COAST CONSTRUCTION COMPANY Divisional Income Statements For the Year Ended June 30, 2048 Res 1 Commercial Division Di 2 3 4 5 6