Account balances for ABC Manufacturing Company's accounting records for the month ending Dec 31 , last year, appear below: \begin{tabular}{|l|r|} \hline Finished Goods inventory, Dec 31 & $80,350 \\ \hline Factory Supervision Salaries & $85,000 \\ \hline income Tax Expense & $40,000 \\ \hline Raw Materials inventory, Dec1 & $16,500 \\ \hline Work in Process inventory, Dec 31 & $57,000 \\ \hline Sales Salaries Expense & $25,000 \\ \hline Factory Depreciation Expense & $5,400 \\ \hline Finished Goods inventory, Dec 31 & $32,400 \\ \hline Raw Materials Purchases & $480,000 \\ \hline Work in Process inventory, Dec 1 & $72,000 \\ \hline Factory Utilities Expense & $5,700 \\ \hline \end{tabular} Instructions Prepare the cost of goods manufactured schedule for the month ending Dec 31 , last year