Statement of Cost of Goods Manufactured The following items pertain to Sorter Corporation (in dollars):

FOR YEAR 19_2 Work in process, Dec. 31, 19-2 2,000 , Selling and administrative Finished goods, Dec. 31, 19-1 40,000 expenses (total) 70,000 Accounts receivable, Direct materials purchased 80,000 Decesin 1922 30,000 _ Direct labor 70,000 Accounts payable, Dec. 31, 19-1 40,000 Factory supplies 6,000 Direct materials, Dec. 31, 19-1 30,000 Property taxes on factory 1,000 Work in process, Dec. 31,191 10,000 Factory utilities 5,000 Direct materials, Dec. 31, 19-2 5,000 Indirect labor 20,000 Finished goods, Dec. 31, 19-2 12,000 Depreciation—Plant Accounts payable, Dec. 31, 19-2 20,000 and equipment 9,000 Accounts receivable, Sales 350,000 Dec. 31, 19_1 50,000 Miscellaneous factory overhead 10,000 2.27 Prepare an income statement and a supporting schedule of cost of goods manufactured. (For additional questions regarding these facts, see the next problem.)

DECEMBER 31, 19_1 DECEMBER 31, 19_2 Raw-material inventory $30,000 $46,000 Goods-in-process inventory 17,500 19,000 Finished-goods inventory 23,000 18,200 Accrued factory payroll 3,100 2,400 Accrued interest on notes receivable 120 80 The following amounts appeared in the income statement for 19_2:
Raw material used $300,000 Cost of goods sold 920,000 Factory labor 275,000 Interest income 400 1. Raw material purchased in 19_2.
2. Cost of goods manufactured for 19_2.
3. Factory labor paid in 19_2.
4. Interest received on notes in 19_2.