N 2. Revenues in 2022 were $325 million. Prepare the 2022 statement of comprehensive income. a. Check your spelling carefully and do not abbreviate. b.Enter all amounts as positive values. Do not use a minus sign or parentheses for any values to be subtracted. c.Follow the format in the exhibit that shows the income statement of a manufacturing-sector company. d.Enter any dates using the following format: MM/DD/YY. For example, 1/1/22. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong.) 3 1 An Introduction to Cost Terms and Purposes 2 Cost of goods manufactured 3 4 Consider the following account balances (in thousands) for the Canseco Corporation: 5 Beginning End of 6 Canseco Corporation of 2022 2022 7 Direct materials inventory $24,000 $29,000 8 Work-in-process inventory 19,000 20,000 9 Finished-goods inventory 18,000 21,000 10 Purchases of direct materials 80,000 11 Direct manufacturing labour 22,000 12 Indirect manufacturing labour 17,000 13 Plant insurance 10,000 14 Depreciation-plant building and equipment 12,000 15 Repairs and maintenance-plant 6,000 16 Marketing, distribution, and customer-service costs 97,000 17 General and administrative costs 24,000 18 19 Use the blue shaded areas on the ENTERANSWERS tab for inputs. 20 Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from 2. Revenues in 2022 were $325 million. Prepare the 2022 statement of comprehensive income. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong.) Canseco Corporation Statement of Comprehensive Income For the Year Ended December 31, 2022 (in thousands) Cost of goods sold: Cost of goods sold Operating Costs: Total operating costs Operating income (loss)