ACC 102 Chapter 18 References Mailings Review View Tell me A be Odle ABCDC . AaBb ht TI Assignment The following information is available for the GRS Corporation for 2019 Inventories January 1 December 31 Materials $351.000 $436,800 Work in process 631.800 592,800 Finished goods 608,400 576,000 Advertising expense $ 296.400 Depreciation expense office equipment 42,120 Depreciation expense-factory equipment 56,160 Direct labor 670,800 Heat, light and Power Factory 22,460 Indirect labor 78,750 Materials purchased 659.800 Office salaries expense 185.000 Property taxes.factory 18,500 Property taxes-office building 32,400 Hent Expense factory 1 32,000 Sales 3,010,000 Sales salaries expense 420,000 Supplies-factory 15,400 Miscellaneous costs-factory 9.500 Instructions 1. Prepare the 2019 statement of cost of goods manufactured 2. Prepare the 2019 income statement Assignment De 11/22/20