JKI DEF G H I Written Homework Assignment MINI OPIQ R Calculate the following and enter your answers in the boxes provided: Cost of goods manufactured Cost of goods sold Gross margin, if sales are $3,000,000 Show work for eros margin" calculation here Income from operations Show work for "income from operations" calculation here Net income Show work for at income calculation here Total amount for inventory reported on 2020 Balance sheet Show work for total inventory calculation here Instructions: Use the T-accounts to show the flow of product costs through the general ledger and provide the answers for the calculations listed above. (Enter answers, and work to arrive at answers, in the boxes provided) Beginning of year $72.400 76,300 29,100 Raw materials inventory Finished goods inventory Work in process inventory Production line workers' wages Janitor's wages at the plant Insurance on plant General and administrative expenses Income tax expense Purchases of raw materials Depreciation - copiers at corporate headquarters Interest expense Repairs and maintenance on the plant Depreciation - plant building and equipment Loss on the sale of an investment Marketing expenses Plant manager's salary Unrealized loss - Equity End of Year $ 73,000 62,200 55,700 323,000 32,000 124,000 262.300 297 200 526.600 25.000 110.000 82.000 185.000 41.200 216.000 95,600 40.000 NOTE: Five percent of the materials that were put into production were indirect materials