2-28 Income statement and schedule of cost of goods The Alderman Corporation has the following account balances (in millions manufactured For Specific Date For Year 2013 $305 115 60 Direct materials inventory, Jan. 1, 2013 Work-in-process inventory, Jan. 1, 2013 Finished goods inventory, Jan. 1, 2013 Direct materials inventory, Dec. 31, 2013 Work-in-process inventory, Dec. 31, 2013 Finished goods inventory, Dec. 31, 2013 Purchases of direct materials Direct manufacturing labor Depreciation-plant and equipment Plant supervisory salaries $19 10 70 24 6 Miscellaneous plant overhead 54 Revenues Marketing, distribution, and customer-service costs Plant supplies used Plant utilities Indirect manufacturing labor 30 925 235 10 34 68 Required Prepare an income statement and a supporting schedule of cost of goods manufactured for the year ended December 31, 2013. (For additional questions regarding these facts, see the next problem.)