The company has two divisions, A and B, invested assets and condensed income statement data for each division for the year ended December 31, are as follows:

Division A Division B

Revenues $210,000 $178,000

Operating expenses 136,500 105,110

Service department charges 27,312 153,554

Invested assets 234,000 99,800

Prepare condensed income statements for the past year for each division.