Consider the following information for Fair Wind Yachts Inc, a manufacturer of sailboat rigging, blocks, and cordage. Required: Prepare a statement of cost of goods manufactured and an income statement for Fair Wind Yachts for the year ended December 31. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Statement of Cost of Goods Manufactured } \\ \hline Direct materials & & \\ \hline & & \\ \hline Materials available & & \\ \hline Direct materials used & & \\ \hline & & \\ \hline Factory overhead & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Total manufacturing costs & & \\ \hline \end{tabular} Dranaro an inromo ctatoment for Fair Wind Yarhts for the vear ended December 31