Consider the following account balances (in thousands) for the Benesch Company: (Click the icon to view the account balances.) Requirements 1. Prepare a schedule for the cost of goods manufactured for 2017. 2. Revenues for 2017 were $315 million. Prepare the income statement for 2017. senescn company Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2017 in thousands) Direct materials: Data Table Beginning of 2017 22,000 End of 2017 Direct materials used Direct manufacturing labor Indirect manufacturing costs: 23,000 12.000 27,000 20,000 29,000 70,000 Benesch Company Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor Indirect manufacturing labor Plant Insurance Depreciation-plant, building, and equipment Repairs and maintenance plant Marketing, distribution, and customer service costs General and administrative costs 25,000 15,000 9,000 19,000 Total indirect manufacturing costs Manufacturing costs incurred during 2017 4,000 90,000 34,000 Total manufacturing costs to account for Cast of goods manufactured Print Done Requirement 2. Revenues for 2017 were $315 million. Prepare the income statement for 2017. (Use parentheses or a minus sign for operating losses.) Benesch Company Income Statement For the Year Ended December 31, 2017 (in thousands) Cast of goods sold: Cast af goods sold Operating costs