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I do not know how to prepare the statement of the cost of manufacturing and the statement of profit and loss. Please help me. PR

I do not know how to prepare the statement of the cost of manufacturing and the statement of profit and loss. Please help me.

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PR 15-58 Statement of cost of goods manufactured and Income statement for a manufacturing company The following information is available for Shanika Company for 2076: Inventories January 1 December 31 Materials $ 77.350 $ 95.550 Work in process 109.200 96.200 Finished goods 113.750 100.100 Advertising expense Depreciation expense- office equipment 27:750 Depreciation expense-factory equipment 186.550 Host, light, and power factory 23.660 Materials purchased

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