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Incomb Statement PAOBLEM The folowing bavalablo foc Akrman Compary. \begin{tabular}{|c|c|c|c|} \hline & January 1, 2022 & DurngtheYearzoee2 & December31.seep \\ \hline Risw materias inentory & 21,000 & & 35000 \\ \hline Work in process inventory & 13,500 & & 17200 \\ \hline Frinhed goods invertory & 27,000 & & 21,000 \\ \hline Materials purchased & & 5. 150,000 & \\ \hline Drect labor & & 220,000 & \\ \hline Manufacturng overhead & & 180,000 & \\ \hline Sales revenue. & & 910,000 & \\ \hline \end{tabular} a. Compuse cost ol goods manulactured. b. Prepare an ineome stantement trough gross profi. Student Work Mese reberonces to the Problemt or work area as indcatod. Use the SUM function with cel roferences lo add anourts as indicatod. a. Work in process January 1 Direct materials Raw materias inventory dan. 1 Raw materials purchasid Raw matorials weleatie tor use Loss Raw matorials ivemsory Doc. It Droct matorisis used Direct labor Marwlacturing overheas Total manulacturing cests Tosal eost of work in proceess Less Work in process Dec. 31 Cost of goods manutactured b. Akiman Company income Statoment (Partian) Fer the Year Ended Decenter 31, 2002 Sales reverive Cost of poods sold Finished goods January 1 Cost of poods mantactured Cost ol goods avaliable ber sale Less Finished goceds Doc. 3 i Cost of gaods icld Gross prode