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explain answer Problem 2-65 (Static) Prepare Statements for a Manufacturing Company (LO 2-2, 4) East Ferry Tool & Die, a manufacturer of parts for agricultural

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Problem 2-65 (Static) Prepare Statements for a Manufacturing Company (LO 2-2, 4) East Ferry Tool \& Die, a manufacturer of parts for agricultural equipment, provides the following financial information for the most recent fiscal year (all costs are in thousands of dollars): a. Prepare a cost of goods sold statement. b. Prepare an income statement. Complete this question by enteriog your answers in the tabs below. Prepare a cost of goods sold statement. Note: Enter your answers in thousands of dollars (l.e., 234.000 should he antarad a. 73

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