Case 1

The following information has been taken from SITARA Corporation accounting records for the past year (2019):

Description	In dollar
Selling expenses	222.000.000
Raw materials inventory, January 1, 2019	2.244.000.000
Raw materials inventory, December 31, 2019	200.000.000
Purchases of raw material	1.800.000.000
Administrative expenses	468.000.000
Indirect materials	100.000.000
Indirect labor	152.000.000
Leasing costs-factory	620.000.000
Manufacturing machinery depreciation	340.000.000
Manufacturing overhead - others	66.000.000
Work in process inventory, January 1, 2019	234.000.000
Work in process inventory, December 31, 2019	220.000.000
Finished goods inventory, January 1, 2019	700.000.000
Finished goods inventory, December 31, 2019	567.000.000

During December 2019, the following sales activities recorded 24,000 units produced and units sold 200,000 units and is sold at a price of @ $65,000. 

Direct labor costs per product $ 45,000.

Management wants this data to be structured in a better format so that financial reports can be prepared for this year:
The Question are:
1. Please make or prepate the schedule of cost of goods manufactured (COGM). please mention how to get the COGM and what needs to be included.
2. Calculate the cost of good sold. (COGS)
3. Prepare an income statement. Explain the point

Note: The facts or information presented are sufficient, the answer is complete and detailed. Thank you!