Compute the Cost of Goods Manufactured and Cost of Goods Sold for South Marine Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only direct materials. Beginning of Year End of Year End of Year Raw materials inventory $ 29,000 $ 32,000 Insurance on plant $ 8,500 Work in process inventory $ 36,000 $ 31,000 Depreciation-plant building and equipment $ 12,900 Finished goods inventory.. $ 16,000 $ 24,000 Repairs and maintenance-plant $ 3,500 Purchases of direct materials $ 75,000 Marketing expenses $ 78,000 Direct labor. $ 85,000 General and administrative expenses $ 22,500 Indirect labor... $ 39,000