Obj. 3 Residential Division operating income, $125,000 E14-2 Divisional income statements The following data were summarized from the accounting records for Vintage Construction Company for the year ended October 31, 20Y3. Administrative expenses: Commercial Division Residential Division Cost of goods sold: Commercial Division Residential Division $ 500,000 250,000 $6,250,000 1,875,000 Sales: Commercial Division Residential Division Service department charges: Commercial Division Residential Division $3,800,000 1,300,000 $1,000,000 200,000 Prepare divisional income statements for Vintage Construction Company