Cost and sales information for the most recent fiscal year are shown below: WALLACE RIVER COMPANY Cost and Sales Information For the Year Ended December 31 Purchases of raw materials $ 93,000 Raw materials inventory, beginning 13,000 Raw materials inventory, ending 20,000 Depreciation, factory 43,800 Insurance, factory 5,000 Direct labour 63,000 Maintenance, factory 30,000 Administrative expense 71,200 Sales 480,000 Utilities, factory 27,000 Supplies, factory 1,000 Selling expense 81,200 Advertising expense 21,200 Indirect labour, factory 65,000 Work in process inventory, beginning 7,000 Work in process inventory, ending 30,000 Finished goods inventory, beginning 10,000 Finished goods inventory, ending 40,000 Required: 1. Prepare a schedule of cost of goods manufactured