Lestwith Company produced 4,400 leather recliners daring the yar. These recliness sell for $900 each. Lsitwith had 400 recliners in finished goods inventory at the beginning of the jeas. At the end of the year there were 700 reeliners in finished goods inventory. Istwith' accounting resords prowide the following information: REQUIRED: 1. Prepare a cost of goods manufactured statement 2. Prepare a cost of goods sold statement. 3. Prepare an income statement. 4. Determine the prime costs added during the year. 5. Determine the conversion costs added during the year. 6. Determine the inventoriab/c costs added during the year. 7. Determine the period costs