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.

DeSalvo Construction Company

Divisional Income Statements

For the Year Ended June 30, 2014

Commercial Division

Residential Division

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