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: Commercial Division $916,750 Residential Division 431,775 Administrative expenses Commercial Division $151,800 Residential Division 129,050 Service department charges: $113,400 Commercial Division Residential Division 67,800 Sales Commercial Division $1,356,500 Residential Division 752,780 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. structions h Amount Descriptions Amount Descriptions Administrative expenses Cost of goods sold Gross profit Income from operations Income from operations before service department charges Sales Selling expenses Service department charges Transportation expenses