The following data were summarized from the accounting records for South Seas Coast Construction Company for the year ended June 30, 20Y8: Cost of goods sold: Service department charges: Commercial Division $572,750 Commercial Division Residential Division 272,140 Residential Division $78,100 47,140 Administrative expenses: Sales: Commercial Division $104,140 Commercial Division $867,800 Residential Division 97,190 Residential Division 485,970 Prepare divisional income statements for South Seas Coast Construction Company. South Seas Coast Construction Company Divisional Income Statements Sales Cost of goods sold For the Year Ended June 30, 20Y8 Commercial Residential Division Division $ Gross profit Administrative expenses Income from operations before service department allocations Service department allocations Income from operations