Williams Company began operations in January 2019 with two operating (selling) departments and one service (office) department. Its departmental income statements follow.

WILLIAMS COMPANY Departmental Income Statements For Year Ended December 31, 2019 Clock Mirror Combined Sales $ 260,000 $115,000 $375,000 Cost of goods sold 127,400 71,300 198,700 Gross profit 132,600 43,700 176,300 Direct expenses Sales salaries 21,500 7,700 29, 200 Advertising 1,200 900 2,100 Store supplies used 850 250 1,100 Depreciation-Equipment 1,300 600 1,900 Total direct expenses 24,850 9,450 34,300 Allocated expenses Rent expense 7,090 3,660 10,750 Utilities expense 2,300 1,500 3,800 Share of office department expenses 11,000 7,500 18,500 Total allocated expenses 20,390 12,660 33,050 Total expenses 45, 240 22,110 67,350 Net income $ 87,360 $ 21,590 $ 108,950 Williams plans to open a third department in January 2020 that will sell paintings. Management predicts that the new department will generate $55,000 in sales with a 65% gross profit margin and will require the following direct expenses: sales salaries, $8,000; advertising, $1,200; store supplies, $500; and equipment depreciation, $800. It will fit the new department into the current rented space by taking some square footage from the other two departments. When opened, the new Painting department will fill one-fifth of the space presently used by the Clock department and one-fourth used by the Mirror department Management does not predict any increase in utilities costs, which are allocated to the departments in proportion to occupied space (or rent expense). The company allocates office department expenses to the operating departments in proportion to their sales. It expects the Painting department to increase total office department expenses by $7,100. Since the Painting department will bring new customers into the store, management expects sales in both the Clock and Mirror departments to increase by 7%. No changes for those departments' gross profit percents or their direct expenses are expected except for store supplies used, which will increase in proportion to sales. Required: Prepare departmental income statements that show the company's predicted results of operations for calendar-year 2020 for the three operating (selling) departments and their combined totals. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) WILLIAMS COMPANY Forecasted Departmental Income Statements For Year Ended December 31, 2020 Clock Mirror Paintings Combined Direct expenses Total direct expenses Allocated expenses Total allocated expenses Total expenses