Problem 1 - Departmental Income Statements (18 points) Casey Cupcake Co. has two divisions, Boy's Birthday Cupcakes and Girl's Birthday Cupcakes. Invested Assets, Revenue, and Direct Expenses are as follows: Girl's Cupcakes $ 349,160 148,512 61,500 Boy's Cupcakes S 252.840 98,528 41.150 Sales Cost of Goods Sold Operating Expenses Invested Assets Square Feet of Division 225.000 5.200 197,500 4.800 The Indirect Expenses for the two departments are as follows: Rent Expense Legal Expense Amount $52.000 36,000 Allocation Method Square feet Sales Complete the following using proper format: a) Prepare Departmental Income Statements for Casey Cupcake Co. Show your calculations, b) Using the expanded equation calculate Prolit Margin. Investment Turnover, and Rate of Return on Investment for each division. Round your answers to one decimal point