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Championship Sports Inci, operates two divisions- the Winter Sports Division and the Summer Sports Division. The following income and expense accounts were provided from the trial balance as of December 31, 20V9, the end of the fiscal year, after all adjustments, including those for inventorles, were recorded and posted: The bases to be used in allocating expenses, together with other information, are as follows: A. Advertising expense-incurred at headquarters, allocated to divisions on the basis of usage: Winter Sports Division, $375,000; Summer Sports Divisan, \$715,000. b. Transportation expense-allocated to divisions at a rate of $4,00 per bill of lading: Winter Sports Division, 17,500 bills of lading; Summer $ ports Division, 30, 500 bills of lading. c. Accounts receivable collection expense-incurred at headquarters, allocated to divisions at a rate of $1,00 per inveice: Winter Sports Division, 25,000 sales invoices; Summer Sports Division, 43,000 sales knvolices. d. Warehouse expense-allocated to divisions on the basis of floor space used in storing division products: Winter Sports Division, 60,000 square feet: 5 umener 5p ports Division, 90,000 square feet. Prepure a divisional incame statement with two column headings: Winter Sports Division and Summer Sports Division. Round your interim calculations to two decimal olaces, if reouired. department allocations. Support department allocations are subtracted from operating income before support department allocations. Provide supporting computations for support department allocations. If required, round per unit amounts to twe decimsl places and final answers to the nearest dollat. viles My win Giviein. Aepeat this process for accounts receivabie coliection and warehouse support department ollocations. department allocations. Support department allocations are subtracted from operating income before support department allocations. Provide supporting computations for support department allocations. If required, round per unit amounts to two decimsl places and final answers to the nearest dolas. diviuin. Repeat this proces for accounts receiabie colection and wareheuse suppore deparment diocations

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