2 Superior Company provided the following data for the year ended December 31(all raw materials are used in production as direct materials 30 De selling expenses Purchase of materials Direct labor intactive Manufacturing overhead applied to work in proor Must manufacturing overhead coat $ 215,000 $ 269,000 2 $155.000 1.167,000 $ 353,000 Inventory balances at the beginning and end of the year were as follows: Beding 59.000000 Wirk in proces 13,000 The manufacturing costs added to production for the year were 5685.000, the cost of goods available for sale totaled $745.008: the undsted cost of goods sold totaled 963.000 and the net operating income was $31000 The company's underapplied of over polied overhead is closed to Cout of Goods Sold Required: Prome schedules of cost of good manufactured and cost of goods sold and an income statement Mint Prepare the income statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured) 2 Check my work Required: Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. (Hint Prepare the income statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured) 30 DO Complete this question by entering your answers in the tabs below. 16556 Income COGS COCM statement Schedule Schedule Prepare an income statement for the year Superior Company Income Statement Seting and administrate pe COGS Schedule > 01:54 Income COGS COGM Statement Schedule Schedule Prepare a schedule of cost of goods sold. edoo Superior Company Schedule of Cost of Goods Sold Adjusted cost of goods sold