Lindsey's Pets succeeded so well that Lindsey decided to manufacture her own brand of pet toys - Best Friends Manufacturing. At the end of December 2020, her accounting records show the following: Work in process inventory, December 31 , 2020 . $4000 Finished goods inventory, December 31 , 2019 . 0 Finished goods inventory, December 31 , 2020 . 3,000 Sales revenue. 103,000 Customer service hotline expense. 1,400 Utilities for plant. 4,500 Delivery expense. 2,500 Sales salaries expense. 4,200 Plant janitorial services. 1,150 Direct labour. 20,000 Direct material purchases 39,000 Rent on manufacturing plant. 8,400 Raw materials inventory, December 31 , 2019. 10,000 Raw materials inventory, December 31 , 2020 . 8,000 Work in process inventory, December 31 , 2019. 0 Requirements 1. Prepare a schedule of cost of goods manufactured for Best Friends Manufacturing for the year ended December 31, 2020. 2. Prepare an income statement for Best Friends Manufacturing for the year ended December 31,2020