Pharoah Corporation has the following information available about its July, 2022 production: 1. Finished goods inventory on July 1, 2022 is $27,560 and on July 31, 2022 is $24,780. 2. Work in process inventory on July 1, 2022 is $24,780 and on July 31, 2022 is $23,440. 3. Raw materials inventory on July 1, 2022 is $10,520 and on July 31, 2022 is $8,730. Direct materials used in production in July were $43,300. Direct labour incurred in production in July was $29,700 and 4. manufacturing overhead applied to production was $40,800. 5. Net sales for July, 2022 were $157,200.Prepare a condensed cost of goods manufactured schedule for July 2022. PharoahCorporation Cost of Goods Manufactured $Prepare an income statement up to gross profit for July 2022. PharoahCorporation Income Statement vIndicate the inventory balances that appear on the balance sheet at July 31, 2022. (List assets in order of liquidity.) PharoahCorporation Balance Sheet (Partial) $