Certain information about the statement of cost of goods manufactured and the income statement for the year ended December 31 , 201, for Paul's Production, Inc., is given below: Required: 1. Prepare a statement of cost of goods manufactured for the year. 2. Prepare an income statement for the year. Analyze: Did total inventories for the business increase or decrease during the year? By what amount? Analyze: Did total inventories for the business increase or decrease during the year? By what amount? Complete this question by entering your answers in the tabs below. Prepare a statement of cost of goods manufactured for the year. Complete this question by entering your answers in the tabs below. Prepare an income statement for the year, Did total inventories for the business increase or decrease during the year? By what amount