Quadrant Corporation, a major producer of machine parts, recorded the following information for its year ended September 30, 2015 (all figures in thousands of dollars):

Required:
1. Prepare a cost of goods manufactured statement for 2015.
2. Prepare an income statement for 2015. Calculate the percentage of sales for each line item on the income statement. Round percentages to the nearest tenth of a percent.

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$ 15,000 24,642 28,768 36,555 38,775 9,624 10,007 Cash Accounts Receivable (October 1, 2014) Accounts Receivable (September 30, 2015) Finished Goods Inventory (October 1, 2014) Finished Goods Inventory (September 30, 2015) Work-in-Process Inventory (October 1, 2014) Work-in-Process Inventory (September 30, 2015) Raw Materials Inventory (October 1, 2014) Raw Materials Inventory (September 30, 2015) Property, Plant, and Equipment (October 1, 2014) Property, Plant, and Equipment (September 30, 2015) Goodwill (October 1, 2014) Goodwill (September 30, 2015) Accounts Payable (October 1, 2014) Accounts Payable (September 30, 2015) Accrued Liabilities (October 1, 2014) Accrued Liabilities (September 30, 2015) Taxes Payable (October 1, 2014) Taxes Payable (September 30, 2015) Long-Term Debt (October 1, 2014) Long-Term Debt (September 30, 2015) Common Shares (October 1, 2014) Common Shares (September 30, 2015) Retained Earnings (October 1, 2014) Retained Earnings (September 30, 2015) 2,685 2,992 88,374 96,052 24,327 16,378 8,627 8,997 4,339 5,685 19,727 20,654 50,789 37,852 91,627 97,687 67,698 81,327 296,844 36,699 45,772 27,556 76,251 Revenues Raw Materials Purchases Factory Wages Paid Factory Overhead Selling Expenses Administrative Expenses Other Corporate Overhead Income Tax Expense 68,728 11,785 8,240