The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2018: Cost of goods sold: Service department charges: Commercial Division $326,320 Commercial Division Residential Division 163,360 Residential Division $44,500 28,300 Administrative expenses: Net sales: Commercial Division $59,330 Commercial Division $494,420 Residential Division 58,340 Residential Division 291,710 Prepare divisional income statements for Jersey Coast Construction Company. Jersey Coast Construction Company Divisional Income Statements For the Year Ended June 30, 2018 Net sales Cost of goods sold Gross profit Administrative expenses Income from operations before service department charges Service department charges Income from operations Commercial Division Residential Division