Bearcat Company presented the following information for 2019. Raw materials purchased Direct labor Manufacturing overhead incurred Sales Selling and administrative expenses Income tax rate 115,000 312,000 415,000 1,554,000 89,000 25% In addition, Bearcat had the following inventory balances at the beginning and end of the year. 1/1 Raw materials 12/31 30,000 180,000 247,000 46,000 135,000 275,000 Work in process Finished goods Required: A. Calculate cost of goods manufactured. B. Calculate cost of goods sold. C. Determine the net income. TT T Arial - 3 (12pt) AT