Case #1 Evol Inc. supplied the following data and information for the 2022 fiscal year: January 1, 2022 December 31, 2022 Materials $42,000 $47,000 Work in process 35,000 17,000 Finished goods 52,000 54,000 Direct labour $80,000 Selling expenses 62,000 Sales revenue 800,000 Administrative expenses 29,000 Purchases of raw materials 124,000 Factory supervision 100,000 Factory supplies used 50,000 Required (A) Compute the cost of materials used in 2022. (B) Compute the total manufacturing cost for 2022. (C) Compute the Cost of Goods Manufactured for 2022. (D) Compute the Cost of Goods Sold for 2022. (E) Make a Income Statement for 2022. (F) What are the three inventory accounts of a manufacturing firm? Define/describe them and give examples of costs included in each inventory account.