2-27 Answers from Incomplete Data The following accounts of a manufacturing company appeared in the balance sheets of December 31, 19_1, and Decem- ber 31, 19_2:

DECEMBER 317, 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.