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The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2016: Cost of goods sold:

The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2016:

Cost of goods sold:
Commercial Division $916,250
Residential Division 450,675
Administrative expenses:
Commercial Division $149,200
Residential Division 128,800
Service department charges:
Commercial Division $112,740
Residential Division 68,850
Sales:
Commercial Division $1,360,500
Residential Division 749,500

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.

JERSEY COAST CONSTRUCTION COMPANY

Divisional Income Statements

For the Year Ended June 30, 2016

1

Commercial Division

Residential Division

2

3

4

5

6

7

8

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