General Electric's appliance division provided the following data for April 2023:

Description	Amount (in $)
Raw Material Inventory (1/4)	120,000
Purchases	700,000
Raw Material Inventory (30/4)	100,000
Direct Labor	500,000
Factory Overhead	300,000
Finished Goods Inventory (1/4)	180,000
Finished Goods Inventory (30/4)	150,000
Sales	4,000,000
Operating Expenses	700,000

Requirements:

1. Calculate the Raw Materials Used.
2. Determine the Total Manufacturing Costs.
3. Compute the Cost of Goods Manufactured.
4. Calculate the Cost of Goods Sold.
5. Prepare the Income Statement for April 2023.