Lee Company has the following information for the year ended December 31, 2018 (Click the icon to view the information.) Use the information to prepare a schedule of cost of goods manufactured and an income statement. Assume no indirect materials are used and all amounts are shown in millions Begin by preparing a schedule of cost of goods manufactured Lee Company Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 (in millions) Cost of Goods Manufactured Now prepare an income statement. Lee Company Income Statement Year Ended December 31, 2018 (in millions) Cost of Goods Sold Gross Profit Net Income (Loss) - Data Table Ending Inventory balances: Work-in-Process Beginning 10 12 con 5 13 Finished Goods Other information: $ 225 75 54 Sales Revenue Selling and Administrative Expenses Direct Labor Manufacturing Overhead; actual and allocated Direct Materials Used 17 35 Print Done