The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2048: Cost of goods sold: Service department charges: Commercial Division $511,810 Commercial Division $69,790 Residential Division 264,900 Residential Division 45,880 Administrative expenses: Net sales: Commercial Division $93,060 Commercial Division $775,470 Residential Division 94,610 Residential Division 473,040 Prepare divisional income statements for DeSalvo Construction Company. JERSEY COAST CONSTRUCTION COMPANY Divisional Income Statements For the Year Ended June 30, 2048 Commercial Division Residential Division Tointi