Gamma Corporation compiled the following list of costs related to manufacturing for the year ended December 31, 2019: Direct materials used in production $479,800 Direct labor $316,700 Total manufacturing overhead $668,900 They have also provided the following information: N The balance of work in process inventory on January 1, 2019 is equal to the balance of work in process inventory on December 31, 2019. Finished goods inventory had a balance of $154,100 on January 1, 2019 and a balance of $231,200 on December 31, 2019. Do not enter dollar signs or commas in the input boxes. Do not use the negative sign a) Calculate the cost of goods manufactured for the year ended December 31, 2019. Cost of goods manufactured: $ b) Calculate cost of goods sold for the year and show how the cost of goods sold section would appear in a detailed income statement Cost of Goods Sold Beginning Finished Goods Inventory Finished goods inventory had a balance of $154,100 on January 1, 2019 and a balance of $231,200 on December 31, 2019. Do not enter dollar signs or commas in the input boxes. Do not use the negative sign. a) Calculate the cost of goods manufactured for the year ended December 31, 2019. Cost of goods manufactured: $ 1465400 b) Calculate cost of goods sold for the year and show how the cost of goods sold section would appear in a detailed income statement. Cost of Goods Sold Beginning Finished Goods Inventory $ 231200 Add: Cost of Goods Manufactured $ 1465400 Goods Available for Sale Deduct: Ending Finished Goods Inventory $ Finished goods inventory had a balance of $154,100 on January 1, 2019 and a balance of $231,200 on December 31, 2019. Do not enter dollar signs or commas in the input boxes. Do not use the negative sign a) Calculate the cost of goods manufactured for the year ended December 31, 2019. Cost of goods manufactured: $ 1465400 b) Calculate cost of goods sold for the year and show how the cost of goods sold section would appear in a detailed income statement Cost of Goods Sold Beginning Finished Goods Inventory $ 231200 Add: Cost of Goods Manufactured $ 1465400 Goods Available for Sale si Deduct: Ending Finished Goods Inventory