all 3 are posted below thanks for the help!

2) Revenues Gross prot Selling and administrative expenses: Total selling and administrative expenses Operating income Materials inventory: Purchased materials Less: Materials used in production Materials inventory, March 31 Work in process inventory: Materials used in production Direct labor Factory overhead Total manufacturing costs incurred Less: Transferred to nished goods Work in process inventory, March 31 Finished goods inventory: Transferred to finished goods Less: Cost of goods sold Finished goods inventory, March 31 Financial Statements of a Manufacturing Firm Name: Section: 1 ) Goldsboro Biking Inc. Income Statement For the Month Ended March 31 Revenues Gross profit Selling and administrative expenses: Total selling and administrative expenses Operating income 2) Materials inventory: Purchased materials Less: Materials used in production Materials inventory, March 31 Work in process inventory: Materials used in production Direct labor Factory overhead Total manufacturing costs incurred Less: Transferred to finished goods Work in r Ma 131B C D E Financial Statements of a Manufacturing Firm The following events took place for Goldsboro Biking Inc during March, the first month of operations as a producer of road bikes: Purchased materials $500,000 Direct materials used in production $452,500 Direct labor wages incurred in March $150,000 Factorv overhead applied at this rate per direct labor cost 45% Work in process finished and transferred to finished goods $508,000 Goods sold cost this much $550,000 Revenues from hikes sold in March $010,000 March selling expenses $1?5,000 March administrative expenses $100,000 Prepare income statement for Goldsboro Biking Inc. for month ending Step 1 March 31. Determine the inventorv balances on March 31, the end of the first dav of Step 2 operations