DM Inventory, Beginning	$1,000
DM Inventory, Ending	$900
DM Purchased	$8,000
DL	$6,000
Factory Overhead	$7,000
WIP Inventory, Beginning	$2,000
WIP Inventory, Ending	$2,100
Finished Goods Inventory, Beginning	$9,500
Finished Goods Inventory, Ending	$8,500
Sales Revenue	$70,000
Selling and Administrative Expenses	$20,000
Income Tax Rate	20%

Please show work.

a. Prepare the company's Cost of Goods Manufactured Schedule

b. Prepare the company's Income statement

Thanks