Norwood Stationary has provided the following information (in thousands of dollars) for October. Administrative costs Commissions Marketing Merchandise inventory, October 1 Merchandise inventory, October 31 Merchandise purchases Rent and utilities Sales revenue Support for local youth activities Transportation-in costs Wages and salaries Required: ($000) $ 17.3 59.0 11.8 17.2 21.1 1. Prepare a cost of goods sold statement for October. 2. Prepare an income statement for October. 292.3 24.5 535.7 3.9 10.8 14.4