(13 Marks) GPB Manufacturers Incorporated is preparing their financial statements for the December 31, 2020. Using the information below: a) Prepare the Schedule of Cost of Goods Manufactured; b) Prepare the Income Statement (Traditional Format in good form); and c) Comment on how the Cost of Goods Manufactured would change if Raw Materials Inventory, Ending decreased by $5,000 (all other accounts remaining the same). Would Cost of Goods Manufactured increase or decrease if this happened? Administrative Expenses Depreciation, Factory Direct Labour Finished Goods Inventory, Beginning Finished Goods Inventory, Ending Indirect Labour k Insurance, Factory Maintenance, Factory Purchases of Raw Materials Raw Materials Inventory, Beginning. Raw Materials Inventory, Ending Sales Selling Expenses Supplies, Factory Utilities, Factory WIP, Beginning WIP, Ending $100,000 $50,000 $300,500 $45,000 $25,000 $100,000 $11,000 $45,000 $140,000 $3,000 $4,000 $1,250,000 $122,000 $21,000 $12,000 $22,000 $26,000