E19-6 Compute the 20X5 cost of goods manufactured and cost of goods sold for Strike Marine Company using the following amounts: Materials inventory Work in process inventory...... Finished goods inventory. Purchases of raw materials. Direct labor. Indirect labor. Beginning of Year $22,000 42.000 End of Year $28.000 Insurance on plant. 30,000 Depreciation-plant building and equipment.. 18.000 25.000 Repairs and maintenance-plant 78,000 Marketing expenses.... 82.000 General and administrative expenses 15,000 Income tax expense End of Year 9,000 $16.000 4,000 77,000 29,000 30.000