Instructions The following information is available for Robstown Corporation for 20Y8: Inventories January 1 $352,000 Materials Work in process Finished goods December 31 $436,200 590,800 632,000 606,200 574,000 December 31 $ 295,400 43,800 Advertising expense Depreciation expense-office equipment Depreciation expense-factory equipment Direct labor Heat, light, and power-factory 56,340 669,400 22,220 Indirect labor 77,000 Materials purchased 659,200 Office salaries expense 185,300 Property taxes-factory 18,500 Property taxes-office building 31,600 Rent expense-factory 33,000 Depreciation expense-ractory equipment 50,340 Direct labor 669,400 Heat, light, and power-factory 22,220 Indirect labor 77,000 659,200 185,300 18,500 31,600 Materials purchased Office salaries expense Property taxes-factory. Property taxes-office building Rent expense-factory Sales Sales salaries expense Supplies-tactory Miscellaneous costs-factory 33,000 3,015,000 418,000 15,200 9.700 Required: a Prepare the 20Y8 statement of cost of goods manufactured. For those boxes in which you must enter subtracted or negative numbers use a minus sign b. Prepare the 20Y8 income statement "Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries