In telophase, the chromosomes are cordoned off in distinct new nuclei in the emerging daughter cells.
The division of the original cell's cytoplasm is called cytokinesis. It begins prior to the end of mitosis and completes shortly after telophase/mitosis. At the end of cytokinesis, there will be two distinct daughter cells.
The division of the original cell's cytoplasm is called cytokinesis. It begins prior to the end of mitosis and completes shortly after telophase/mitosis. At the end of cytokinesis, there will be two distinct daughter cells.

