One of Toyota Company's subsidiaries reports the following account balances for the year ended December 31, 2018 (in thousands). Direct materials Direct materials Jan. 1,2018 Dec. 31, 2018 20,800 22,250 Work in process Work in process Jan. 1, 2018 Dec. 31, 2018 5,700 4,650 Finished goods Finished goods Jan. 1, 2018 Dec. 31, 2018 102,500 105,250 Direet materials purchased Direct manufacturing labor 452,500 335,750 Plant- leasing costs Property taxes on plant and equipment Plant wide- utilities Fire insurance on plant and equipment Depreciation- plant equipment Amortization-plant leasehold improvements Indirect labor Miscellaneous plant overhead 4,071 960 13,500 500 5,400 2,200 52,603 22,126 Revenue Marketing, distribution and customer service costs General and administration costs 1,350,000 240,500 140,700 Prepare (next page): A Schedule of Cost of Goods Manufactured, in good form, for the year ended December 31, 2018. a. b. An Income Statement, in good form, for the year ended December 31, 2018