The following data were summarized from the accounting records for DeSalvo Construction Company for 1 answer below »

The following data were summarized from the accounting records for DeSalvo Construction Company for the year ended June 30, 2014: Cost of goods sold: Service department charges: Commercial Division $565,060 Commercial Division $77,050 Residential Division 287,670 Residential Division 49,830 Administrative expenses: Net sales: Commercial Division $102,740 Commercial Division $856,150 Residential Division 102,740 Residential Division 513,690 Hide

Prepare divisional income statements for DeSalvo Construction Company.

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DeSalvo Construction Company

Divisional Income Statements

For the Year Ended June 30, 2014

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Commercial Division

Residential Division

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