P2-58B (book/static) Question Help 0 Requirements (Part Two) her i Requirement (Part One) Part Three: Show the ending inventories that would appear on these balance sheets: Click the icon to view additional information More Info Prepare an income statement for Fran's Flowers, a merchandiser, for the year ended December 31, 2019. 1. Calculate the cost of goods manufactured for Floral Place Manufacturing for the year ended December 31, 2020. 2. Prepare an income statement for Floral Place Manufacturing for the year ended December 31, 2020. 3. How does the format of the income statement for Floral Place Manufacturing differ from the income statement of Fran's Flowers? Print Done 1. Fran's Flowers at December 31, 2019 2. Floral Place Manufacturing at December 31, 2020 Data Table Data Table Print Done Plus: On December 31, 2019, her accounting records show the following: At the end of December 2020, her accounting records show the following: Less: Sales revenue $ 53,000 Utilities for shop.. $ 1,000 Inventory on December 31, 2019... $ 9,200 Inventory on January 1, 2019......$ 12,600 Rent for shop $ 4,400 Sales commisions $ 4,100 Purchases of merchandise........ $ 38,000 Utilities for plant $ 4,300 Delivery expense. $ 3,800 Sales salaries expense. $ 4,800 Plant janitorial services. 1,250 Work in process inventory, December 31, 2020 $ 4,000 Finished goods inventory, December 31, 2019 0 Finished goods inventory, December 31, 2020 $ 4,500 Sales revenue. $ 109,000 Customer service hotline expense $ 1,700 Direct labor.... $ 22,000 Direct material purchases. 31,000 Rent on manufacturing plant.. $ 9,400 Raw materials inventory, December 31, 2019 18,000 Raw materials inventory, December 31, 2020........ $ 7,500 Print Done Choose from any list or enter any number in the input fields and then click Check ? parts remaining Check