P2.54B (LO 4) The following incomplete income statement information is available for Sawchule Ltd. for 2020: Sales Beginning inventory of finished goods Cost of goods manufactured $560,000 270,000 260,000 50,000 170,000 Net income Non-manufacturing costs The beginning inventory of work in process was $110,000 and there was no ending inventory of work in process. Instructions a. Calculate the gross profit in 2020. b. Calculate the cost of goods sold in 2020. $340,000 c. Calculate the cost of the ending inventory of finished goods in 2020. $190,000 d. Calculate the total manufacturing cost in 2020