Information for Stanton, Inc., as of December 31 follows. Prepare a schedule of cost of goods manufactured and cost of goods sold for the year ended December 31. Administrative salaries Depreciation of factory equipment Depreciation of delivery vehicles Direct labor Factory supplies used Finished goods inventory, January 1 Finished goods inventory, December 31 Factory insurance Interest expense Factory utilities Factory maintenance Raw materials inventory, January 1 Raw materials inventory, December 31 Raw material purchases Rent on factory building Repairs of factory equipment Sales commissions Work in Process inventory, January 1 Work in Process inventory, December 31 $ 35,000 25,000 6,000 68,000 9,000 57,000 49,500 15,500 12,000 14,000 7,500 5,000 4,000 125,000 25,000 11,500 37,500 3,500 2,700