A list of accounts and their values are given above. From this information, prepare a cost of goods manufactured schedule.

Prepare an income statement.

Prepare a current assets section of the balance sheet for the month of November 2016.

A partial list of Waterways' accounts and their balances for the month of November 2016 follows. Accounts Receivable Advertising Expenses Cash Depreciation-Factory Equipment Depreciation-Office Equipment Direct Labor : Factory Supplies Used $275,000 54,000 260,000 16,800 2,400 42,000 16,800 10,200 72,550 68,800 48,000 1,600 72,000 41,250 38,000 52,700 184,500 47,000 4,500 325,000 1,350,000 40,500 52,700 42,000 Factory Utilities Finished Goods Inventory, November 1 Finished Goods Inventory, November 30 Indirect Labor Office Supplies Expense Other Administrative Expenses Prepaid Expenses Raw Materials Inventory, November 1 Raw Materials Inventory, November 30 Raw Materials Purchases Rent-Factory Equipment Repairs-Factory Equipment Salaries Sales Revenue Sales Commissions Work in Process Inventory, November 1 Work in Process Inventory, November 30