Certain item descriptions and amounts are missing from the monthly schedule of cost of goods manufactured and income statement of Elly Manufacturing Company. Fill in the blanks with the missing words, and replace the Xs with the correct amounts.

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ELLY MANUFACTURING COMPANY June 30, 2018 Beginning $ 27,000 Direct, Beginning Direct Materials 56,000 Purchases of Direct Materials 84,000 Ending Direct Materials (20,000) Direct Direct х Manufacturing Overhead 44,000 Total Costs. 180,000 Total Costs Ending (25,000) ELLY MANUFACTURING COMPANY June 30, 2018 Net Sales Revenue Cost of Goods Sold: Beginning. $ 110,000 х Cost of Goods Ending х Cost of Goods Sold 232,000 Gross Profit 258,000 Expenses: Selling Expenses 98,000 Administrative Expenses х Total 160,000 Income х