Manufacturing costs for Davenport Company during $2018$ were as follows:

Beginning Finished Goods, January $1$ $ $24,500$

Beginning Raw Materials, January $135,900$

Beginning Work in Process, January $1110,700$

Direct Labor for the current year $275,700$

Ending Finished Goods, December $3122,800$

Ending Raw Materials, December $3140,450$

Ending Work in Process, December $31121,000$

Material Purchases for the current year$($including $$17,000$ of indirect material$)304,600$

Note: The pre$-$determined overhead rate is $0\mathrm{.}79(79\%)$ of direct labor cost.

Required:

Prepare a Cost of Goods Manufactured report.

Prepare a Partial Income Statement if sales revenue was $$1,290,000$ and operating expenses were $$230,000$ for the current year.