Instructions The following information is available for Lagakos Corporation for 20Y8: Inventories Materials Work in process Finished goods January 1 $78,650 108,000 114,750 Advertising expense Depreciation expense-office equipment Depreciation expense-factory equipment Direct labor Heat, light, and power-factory Indirect labor Materials purchased Office salaries expense Property taxes-factory Property taxes-office building Rent expense-factory Sales Sales salaries expense December 31 $93,450 96,000 109,800 Supplies-factory Miscellaneous costs-factory December 31 $68,600 21,250 14,640 185,050 5,250 23,600 124,800 76,900 4,080 13,250 6,925 863,000 137,500 3,250 5,760 Required: 1. Prepare the statement of cost of goods manufactured.*