ET 6. Prepare an income statement. For the fiscal year 2006, the Mitchell Machin- cry Corporation accumulated the following data: Sales Sales Returns and Allowances Finished Goods, January 1, 2006 Finished Goods, December 31, 2006 Cost of Goods Manufactured Overapplied or Underapplied Overhead Selling Expenses Administrative Expenses Provision for Income Taxes $960,540 43.780 98,730 94,520 641,191 3,531 Cr. Balance 65,496 82,526 58,652 Prepare an income statement for the Mitchell Machinery Corporation for the year ended December 31, 2006