v2.c OWY21 Onine teaching a. eBook Show Me How Calculator Profit Center Responsibility Reporting xSport Sporting Goods Co. operates two divisions-the Winter Sports Division and the Summer Sports Division. The following income and expense from the trial balance as of December 31, 20Y9, the end of the fiscal year, after all adjustments, including those for inventories, were Sales-Winter Sports Division $23,520,000 25,984,000 14,112,000 15,008,000 4,032,000 3,584,000 2,352,000 2,307,200 1,029,000 561,000 221,900 2,240,000 Sales-Summer Sports Division Cost of Goods Sold-Winter Sports Division Cost of Goods Sold-Summer Sports Division Sales Expense-Winter Sports Division Sales Expense-Summer Sports Division Administrative Expense-Winter Sports Division Administrative Expense-Summer Sports Division Advertising Expense Transportation Expense Accounts Receivable Collection Expense Warehouse Expense The bases to be used in allocating expenses, together with other essential information, are as follows: a. Advertising expense-incurred at headquarters, charged back to divisions on the basis of usage: winter Sports Division, $483,000, Summer Sports Division, $546,000 b Transportation expense-charged back to divisions ac a charge rate o, S17 per bil or lading winter Sports Owison, itso aas ononas Summer spers ontot c. Accounts receivable collection expense-incurred at headquarters, charged back to divisions at a charge rate of $7 per invoice: Winter Sports Division, 14,600 sales d. Warehouse expense-charged back to divisions on the basis of floor space used in storing division preducts: Winter Sparts Division, 120,000 square feet; Summer Sports 7,300 bills of lading. invoices; Summer Sports Division, 17,100 sales invoices Division, 160,000 square feet Prepare a divisional Income statement with two column headings: Winter Sports Division and Summer Sports Division. Do not round your interim ca XSport Sporting Goods Co. Divisional Income Statements