3. BUENAFLOR COMPANY has the following cost and expense data for the year ending December 31, 2021: Superior Manufacturing Company has the following cost and expense data for the year ending December 31, 2020: Raw materials, January 1 $ 30, 000 Insurance factory building 14, 000 Raw materials, December 31 20, 000 Property taxes-factory building 6, 000 Raw materials purchased 205, 000 Sales (net) 1, 500, 000 Indirect materials 15, 000 Delivery expenses 100, 000 Work in process, January 1 80, 000 Sales commissions 150, 000 Work in process, December 31 50, 000 Indirect labour 90, 000 Finished goods, January 1 110, 000 Factory machinery rent 40, 000 Finished goods, December 31 120, 000 Factory utilities 65, 000 Direct labour 350, 000 Depreciation-factory building 24, 000 Factory manager's salary 35, 000 I Administrative expenses 300, 000 REQUIRED : a. Prepare a cost of goods manufactured schedule for BUENAFLOR COMPANY for 2021. b. Prepare an income statement for BUENAFLOR COMPANY for 2020. c. Assume that BUENAFLOR COMPANY' S ledgers show the following balances in its current asset accounts: Cash $17, 000, Accounts Receivable (net) $120, 000, Prepaid Expenses $13, 000, and Short-Term Investments $26, 000. Prepare the current assets section of the balance sheet for BUENAFLOR COMPANY as of December 31, 2021