The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8: Cost of goods sold: Service department charges: CommercialDivision $480,040 Commercial Division $65,460 Residential Division 236,240 Residential Division 40,920 Administrative expenses: Net sales: Commercial Division $87,280 Commercial Division $727,340 Residential Division 84,370 Residential Division 421,860 Prepare divisional income statements for Jersey Coast Construction Company Jersey Coast Construction Company Divisional Income Statements For the Year Ended June 30, 20Y8 Commercial Division Residential Division