Given the following selected account balances of Sunny Manufacturing, prepare (a) Its schedule of cost of goods manufactured and (b) its income statement for the year ended December 31. Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor Indirect labor Repairs Factory equipment Rent cost of factory building Selling expenses General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending $ 2,500,000 74,000 107,800 125,500 351,200 - 450,000 94,000 46,180 114,000 188,000 258,600 85,400 83,000 134,600