Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, 1/1/18 Beginning Raw Materials, 1/1/18 Beginning Work in Process, 1/1/18 Direct Labor for 2018 Ending Finished Goods, 12/31/18 Ending Raw Materials, 12/31/18 Ending Work in Process, 12/31/18 Material Purchases for 2018 (including $18,898 of indirect material) $ 24,788 36,190 110,900 $275,900 23,880 40,550 121,280 304,888 Note: The pre-determined overhead rate is 0.81 (81%) of direct labor cost. Required: 1. Prepare a Cost of Goods Manufactured report. 2. Prepare a Partial Income Statement of sales revenue was $1,310,000 and operating expenses were $240,000 for 2018. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a cost of Goods Manufactured report. DAVENPORT COMPANY Cont of Good Manufactured Report For the Year 2018 Direct Materials used in Production Total Current Manufacturing Costs Cost of Goods Manufactured Required 2 > Required 1 Required 2 Prepare a Partial Income Statement if sales revenue was $1,310,000 and operating expenses were $240,000 for 2018. DAVENPORT COMPANY Income Statement For the Year 2018 Less: Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods Sold Net Income from Operations