calculate and prepare an income statement. $($$ in Millions$)$ Work$-$in$-$process inventory, Jan. $1,2020=15$

Plant utilities $=6$

Direct materials inventory, Dec. $31,2020=9$

Indirect manufacturing labor $=25$

Finished goods inventory, Dec. $31,2020=19$

Depreciation$$plant and equipment $=8$

Accounts payable, Dec. $31,2020=28$

Revenues $=354$

Accounts receivable, Jan. $1,2020=57$

Miscellaneous manufacturing overhead $=17$

Work$-$in$-$process inventory, Dec. $31,2020=7$

Marketing, distribution, and customer$-$service costs $=91$

Finished goods inventory, Jan. $1,2020=43$

Direct materials purchased $=82$

Accounts receivable, Dec. $31,2020=30$

Direct manufacturing labor $=41$

Accounts payable, Jan. $1,2020=40$

Plant supplies used $=5$

Direct materials inventory, Jan. $1,2020=39$

Property taxes on plant $=3$