EXERCISE: Day 04: 90 wooden plates of 0.3 x 0.3 are bought at $ 1,428 (VAT included) each plate. In addition, 100 meters of iron pipes are bought at $ 600 each meter, plus VAT. All on credit Day 07: 150 steel rivets are purchased at $ 50 plus VAT each and 10 liters of paint are purchased at $ 700 plus VAT, per liter. He remains owing a fee of $ 10,000 whose payment will be made next month. Day 09: the rent for the use of the workshop is paid monthly at $ 120,000 and the cost of electricity is paid at $ 45,000 net. On the 30th, salaries are paid to the personnel working in our company: A master painter hired with a taxable salary of $ 350,000; a carpenter hired with a taxable salary of $ 380,000 and a secretary hired with a taxable salary of $ 330,000. Day 30: At the end of the month, 20 chairs were produced, of which 16 were sold. To produce a chair you will need: 2 wooden planks of 0.3 x 0.3. 2 meters of iron pipes. 4 steel rivets. It is known that with a liter of paint, 5 chairs can be finished REQUESTED: Determine the cost of each chair, use cost sheet and Income Statement, if you want to obtain a return on sales of 25%