24. The Statement of Cost of Goods Manufactured (CGM) and the Income Statement from the work sheet of Pacheco Aluminum Products as of December 31, 2022 are below. Account Name Sales (net) Selling Expenses (control) General Expenses (control) Raw Materials Purchases (net) Direct Labor Indirect Labor Heat, Light, and Power Depreciation Expense, Machinery Factory Supplies Used Interest Expense Income Tax Expense RM Beginning & Ending Balances WIP Beginning & Ending Balances CGS Beginning & Ending Balances Cost of Goods Manufactured Net Income Required: a) b) Statement of CGM Debit Credit 250,700.00 353,500.00 72,800.00 18,200.00 14,200.00 3,200.00 46,900.00 83,600.00 843,100.00 843,100.00 48,100.00 85,400.00 133,500.00 709,600.00 843,100.00 Prepare a statement of cost of goods manufactured. Prepare an income statement. Income Statement Debit 82,300.00 21,600,000 11,000.00 28,100.00 Credit 873,300.00 98,800.00 126,500.00 709,600.00 951,400.00 999,800.00 48,400.00 999,800.00 999,800.00

24. The Statement of Cost of Goods Manufactured (CGM) and the Income Statement from the work sheet of Pacheco Aluminum Products as of December 31, 2022 are below. requirea: a) Prepare a statement of cost of goods manufactured. b) Prepare an income statement