3) Carl's Custom Car Company had the following year end finaneial information: Beginning balance in Raw Material Inventory Ending balance in Raw Material Imventory Beginning balance in Finished Goods Inventory Ending balance in Finished Good Inventory Sales Purchases of raw material GeA Expenses Selling Expenses Direct Labor Cost Manufacturing overhead applied Beginning balance in Work in Process Imventory Ending balance in Work in Process Inventory a) Prepare a schedule of cost of goods manutactured b) Prepare and Income Statement