6 The following balances are from the accounts of Tappan Parts. January 1 (Beginning) December 31 (Ending) 962,000 $ Work-in-process inventory 1,354,000 312,000 1,430,000 364,000 Direct materials inventory Finished goods inventory Direct materials used during the year amount to $1,196,000 and the cost of goods sold for the year was $1,378,000. Required: Prepare a cost of goods sold statement. Manufacturing costs Direct materials Materials available Direct materials used TAPPAN PARTS Cost of Goods Sold Statement For the Year Ended December 31 Total manufacturing costs Total costs of work-in-process Cost of goods manufactured Finished goods available for sale Cost of goods sold +