The following data were summarized from the accounting records for Jersey Coast Construction Company for the...

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The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2018: Cost of goods sold: Service department charges: Commercial Division $543,210 Commercial Division Residential Division 271,930 Residential Division $74,070 47,100 Administrative expenses: Net sales: Commercial Division $98,760 Commercial Division $823,040 Residential Division 97,120 Residential Division 485,590 Prepare divisional income statements for DeSalvo Construction Company. JERSEY COAST CONSTRUCTION COMPANY Divisional Income Statements For the Year Ended June 30, 2018 Sales Cost of goods sold Gross profit Administrative expenses Income from operations before service department charges Service department charges Income from operations Commercial Division Residential Division The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2018: Cost of goods sold: Service department charges: Commercial Division $543,210 Commercial Division Residential Division 271,930 Residential Division $74,070 47,100 Administrative expenses: Net sales: Commercial Division $98,760 Commercial Division $823,040 Residential Division 97,120 Residential Division 485,590 Prepare divisional income statements for DeSalvo Construction Company. JERSEY COAST CONSTRUCTION COMPANY Divisional Income Statements For the Year Ended June 30, 2018 Sales Cost of goods sold Gross profit Administrative expenses Income from operations before service department charges Service department charges Income from operations Commercial Division Residential Division