Grant's Ironhorse Company manufactures model railroad cars. At the end of October, 2019 the accounting records showed the following: Inventories: Beginning Ending Direct Materials $10,000 $5,000 Work-in-Process 15,000 20,000 Finished Goods 0 5,800 Other Information: Direct Materials Purchases 40,000 Plant maintenance services 6,800 Plant supervisor's salary 31,500 Sales salaries 12,700 Delivery costs 3,100 Sales revenue 236,000 Utilities for plant 10,500 Rent on plant 23,000 Advertising 8,000 Direct labor 30,000 (a) Prepare a schedule of cost of goods manufactured for Grant's Ironhorse Company and (b) Prepare an income statement for Grant's Ironhorse Company for the year ended October 31, 2019 Please show all work!