9 StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: 1 points Raw materials Work in process Finished goods Beginning Inventory $ 29, 200 23,eee 78,300 Ending Inventory $ 25,000 46,898 69,280 Skipped Additional information for the month of March follows: eBOOK References Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative expenses Sales revenue $ 49,900 1,980 63,700 35,980 23, 680 237, 380 Required: 1. Based on the above information, prepare a cost of goods manufactured report. 2. Based on the above information, prepare an income statement for the month of March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on the above information, prepare a cost of goods manufactured report. STOR SMART COMPANY Cost of Goods Manufactured Report For the Month of March Direct Materials used in Production Total Current Manufacturing Costs S 0 Total Work in Process s 0 Cost of Goods Manufactured Required 1 Required 2 > Required 1 Required 2 Based on the above information, prepare an income statement for the month of March. STOR SMART COMPANY Income Statement For the Month of March Less: Cost of Goods Sold Cost of Goods Sold Net Income (Loss) from Operations