Prepare the divisional income statements for the two divisions. Do not round your interim calculations Divisional income statements with support department allocations Horton Technology has two divisions, Consumer anid Commerclal, 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' salarles and other expenses required by the corporation. The Tech Servicis Department allocates costs to the divisions based on the number of computers in the department, and the Purchasing Department allocates costs to the divisions based on the number of purchase orders for each department. The services used by the two divisions are as follows: The support department allocations of the Tech Services Department and the Purchasing Department are considered controllable by the divisions. Corporate admanistrative expenses are not considered controllabie by the divisions. The revenues, cost of goods sold, and operating expenses for the two divisions are as follows: Support department allocations: Tech service department Purchasing department Total support department allocations Operating income Prepare the divisional income statements for the two divisions. Do not round your interim calculations Divisional income statements with support department allocations Horton Technology has two divisions, Consumer anid Commerclal, 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' salarles and other expenses required by the corporation. The Tech Servicis Department allocates costs to the divisions based on the number of computers in the department, and the Purchasing Department allocates costs to the divisions based on the number of purchase orders for each department. The services used by the two divisions are as follows: The support department allocations of the Tech Services Department and the Purchasing Department are considered controllable by the divisions. Corporate admanistrative expenses are not considered controllabie by the divisions. The revenues, cost of goods sold, and operating expenses for the two divisions are as follows: Support department allocations: Tech service department Purchasing department Total support department allocations Operating income