Answer a, b and c

P19-4B The following data were taken from the records of Goodman Manufacturing Company for the year ended December 31, 2012. Raw Materials Factory Insurance $ 7,400 $ 47,000 Factory Machinery Inventory 1/1/12 Raw Materials 7,700 12,900 8,600 465,000 2,500 40,000 6,100 800 62,500 28,000 Depreciation Inventory 12/31/12 Finished Goods 44,200 Factory Utilities 85,000 Sales 67,800 Plant Manager's Salary Office Utilities Expense Inventory 1/1/12 Finished Goods Sales Discounts Inventory 12/31/12 Work in Process Factory Property Taxes Inventory 1/1/12 Work in Process 9,500 Factory Repairs Raw Materials Purchases Inventory 12/31/12 Direct Labor Indirect Labor Accounts Receivable 8,000 Cash 145,100 18,100 27,000 Instructions (a) Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) (a) CGM S304,900 (b) Prepare an income statement through gross profit. (c) Prepare the current assets section of the balance sheet at December 31