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:

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.

Administrative expenses

Cost of goods sold

Gross profit

Incomefromoperations

Incomefromoperationsbeforeservicedepartmentcharges

Sales

Selling expenses

Service department charges

Transportation expenses