ended December $31,20$Y$7,$ are as follows:

each department. The services used by the two divisions are as follows:

expenses are not considered controllable by the divisions. The revenues, cost of goods sold, and operating expenses for the two divisions are as follows:

Prepare the divisional income statements for the two divisions. Do not round your interim calculations.

Prepare the divisional income statements for the two divisions. Do not round your interim calculations.

Horton Technology

Divisional Income Statements

For the Year Ended December $31,20Y7$

Revenues

Cost of goods sold $$

Gross profit $$

Operating expenses $$

Operating income before support department allocations

Support department allocations:

Tech service department $$

Purchasing department $$

Total support department allocations

Operating income $$

Consumer Division

Commercial Division