Eastern Mfg., Inc. Schedule of Cost of Goods Manufactured and Income Statement Data for Eastern Mfg. Inc., are given below for year 2020. Purchased of raw materials Raw materials inventory, January 1, 2020 Raw materials inventory, December 31, 2020 Depreciation, factory Insurance, factory Direct labor cost Maintenance, factory Administrative expenses Sales Utilities, factory Supplies, factory Selling expenses Indirect factory labor Work in process inventory, January 1, 2020 Work in process inventory, December 31, 2020 Finished goods inventory, January 1, 2020 Finished goods inventory, December 31, 2020 $90,000 $10,000 $17,000 $42,000 $5,000 $60,000 $30,000 $70,000 $450,000 $27,000 $1,000 $80,000 $65,000 $7,000 $30,000 $10,000 $40.000 1. Prepare a schedule cost of good manufactured in good form. 2. Prepare an income statement in good form. (Show the details of cost of goods sold in the income statement or as a separate schedule.)