3 Prepare a statement of cost of goods manufactured and an income statement based on the following: Factory Supervision Factory depreciation Indirect factory labor Factory Rent Operation Expense Beginning WIP End WIP Beginning Raw Mat'l Raw Material Purchased Direct Labor Ending Raw Material Sales 120,000 96,000 36,000 48,000 6,916,800 320,000 512,000 640,000 3,840,000 2,200,000 896,000 17,292,000 Beginning Finished Goods1280,000 1,408,000 Ending Finished Goods