1. The Zoe Corporation has the following information for the month of March. Purchases $90,000 Materials inventory, March 1 7,000 Materials inventory, March 31 9,000 Direct labor 23,000 Factory overhead 39,000 Work in process, March 1 20,000 Work in process, March 31 18,000 Finished goods inventory, 20,000 March 1 Finished goods inventory, 24,000 March 31 Sales 250,000 Sales and administrative 80,000 expenses 2. Prepare the following statements with the information provided in the problem: (a) schedule of cost of goods manufactured (b) an income statement for the month ended March 31 (c) prepare only the inventory section of the balance sheet Your answers will be accepted only in Word or Excel format as an attachment.