create a balance sheet and income statement

f Ch 19: Homework Question 3 of 3 0.56 / 1 Case 1 2 Direct materials used $9,700 $ 3900 ing Direct labor Manufacturing overhead 5,100 8,400 8,100 4,100 Total manufacturing costs 23200 (a) 16,100 Beginning work in process inventory 1,100 9100 (h) Ending work in process inventory 7200 (b) 3,100 Sales revenue 25,000 31500 (i) Sales discounts Cost of goods manufactured 2,600 17,100 1,500 22,100 Beginning finished goods inventory 5000 3,400 (c) Goods available for sale 22,100 255000) Cost of goods sold 18600 22900 (d) (k) Ending finished goods inventory 3,500 2,600 Gross profit 3800 (e) 7,100 Operating expenses 2,800 2000 (1) Net income 1000 5.100 (f) f Ch 19: Homework Question 3 of 3 0.56 / 1 CASE 1 Income Statement Sales Revenue $ 25000 Less : Sales Discounts (2600) Net Sales ta 22400 vi $ Prepare the current assets section of the balance sheet for Case 1. Assume that in Case 1 the other items in the current assets section are as follows: Cash $3.100. Receivables (net) $15.100. Raw Materials $610 and Prepaid Expenses $410. (list Current f Ch 19: Homework Question 3 of 3 0.56 / 1 Prepare the current assets section of the paranice sneet ror case 1. Assume that in case I the other items in the current assets section are as follows: Cash $3,100, Receivables (net) $15,100, Raw Materials $610, and Prepaid Expenses $410. (List Current Assets in order of liquidity.) CASE 1 (Partial Balance Sheet $ $ $ e Textbook and Media Automate 2 used Submit Aur