Divisional Income Statements with Supl Learning Objective 3 Horton Technology has two divisions, Consumer and Commercial, and two corporate support departments, Tech Services and Purchasing. The corporate expenses for the year ended December 31, 2017, are as follows: Tech Services Department $864,300 Purchasing Department 365,000 Other corporate administrative expenses 529,000 Total expense $1,758,300 The other corporate administrative expenses include officers' salaries and other expenses required by the corporation. The Tech Services Department allocates costs to the divisions based on the number of computers in the department, and the Purchasing Department allocates costs to the divisions based on the number of purchase orders for each department. The services used by the two divisions are as follows: Tech Services Purchasing Consumer Division 410 computers 5,100 purchase orders Commercial Division 260 9,500 eBook Total 670 computers 14,600 purchase orders The support department allocations of the Tech Services Department and the Purchasing Department are considered controllable by the divisions. Corporate administrative expenses are not considered controllable by the divisions. The revenues, cost of goods sold, and operating expenses for the two divisions are as follows: Consumer Commercial Revenues $7,719,500 $6,638,700 Cost of goods sold 4,288,600 3,352,200 Operating expenses 1,514,200 1,659,500 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, 2047 Consumer Division Commercial Division Operating income before support department allocations Support department allocations: pini I ppp Total support department allocations