Company, explaining the pe OBJ. 3 Divisional income statements EX 8-2 The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2016: om Service department charges: Cost of goods sold: $112,560 Commercial Division $912,250 Commercial Division Residential Division 423,675 67,830 Residential Division Administrative expenses: Sales: Commercial Division $149,800 Commercial Division Residential Division $1,354,500 Residential Division 128,625 743,780 Prepare divisional income statements for Jersey Coast Construction Company