Part A: Bahrain Manufacturing reported the following for the year 2021: Revenue $420,000 Beginning inventory of direct materials, January 1 22, 000 Purchases of direct materials 146,000 16,000 Ending inventory of direct materials, December 31 Direct manufacturing labor Indirect manufacturing costs Beginning inventory of finished goods, January 1 Cost of goods manufactured Ending inventory of finished goods, December 31 Operating costs 18,000 40,000 35,000 104,000 36,000 140,000 Instructions: Prepare the income statement for the year 2021? Part B: Cannon Co. has a unit selling price of $500, variable cost per unit $300, and fixed costs of $210,000. Instructions: (3 marks each) 1. Compute the break-even point in units and in sales dollars. 2. Prepare the CVP income statement for Cannon Company.