please do b2 not b1

b2 is income statement please.

Question 1 of 2 0.02/1 A partial list of Waterways' accounts and their balances for the month of November follows. Question 1 of 2 0.02/1 Accounts Receivable Cost of Goods Manufactured Depreciation Expense-Factory Equipment Direct Labor Direct Materials Direct Materials Used Factory Supplies Used Factory Utilities Indirect Labor Manufacturing Overhead Total Cost of Work in Process Total Factory Overhead Total Manufacturing Costs Total Raw Materials Available for Use Raw Materials inventory, 11/30 Raw Materials inventory, 10/31 Raw Material Purchases Alent-Factory Equipment Aepairs-Factory Equipment Work in Process inventory, 10/31 A list of accounts and their values are given above. From this information, prepare an income statement for Waterways Corporation for the month of November, 2022 Question 1 of 2 \begin{tabular}{lr} Raw Materials Inventory, October 31 & 37,900 \\ Raw Materials Purchases & 185,200 \\ Rent-Factory Equipment & 46,500 \\ Repairs-Factory Equipment & 4,500 \\ Office Salaries & 326,900 \\ Sales Revenue & 1,355,000 \\ Sales Commissions & 40,500 \\ Work In Process Inventory October 31 & 52,200 \\ Work In Process Inventory, November 30 & 42,000 \end{tabular} Question 1 of 2 0.02/1 Accounts Receivable Cost of Goods Manufactured Depreciation Expense-Factory Equipment Direct Labor Direct Materials Direct Materials Used Factory Supplies Used Factory Utilities Indirect Labor Manufacturing Overhead Total Cost of Work in Process Total Factory Overhead Total Manufacturing Costs Total Raw Materials Available for Use Raw Materials inventory, 11/30 Raw Materials inventory, 10/31 Raw Material Purchases Alent-Factory Equipment Aepairs-Factory Equipment Work in Process inventory, 10/31 Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms, parks, commercial projects, and private lawns. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that performs installation and warranty servicing in six metropolitan areas. The mission of Waterways is to manufacture quality parts that can be used for effective irrigation projects that also conserve water. By that effort, the company hopes to satisfy its customers, perform rapid and responsible service, and serve the community and the employees who represent them in each community. The company has been growing rapidly, so management is comsidering new ideas to help the company continue its growth and maintain the high quality of its products. Waterways was founded by Will Winkman who is the company president and chicf executive officer (CEO). Working with him from the company's inception is Wir's brother, Ben, whose sprinkier designs and ideas about the installation of proper systems have been a major basis of the company's success. Ben is the vice president who oversees all aspects of design and production in the company. The foctory itself is managed by Todd Senter who hires his line managers to supervise the factory employees. The factory makes all of the parts for the irrigation systems. The purchasing department is managed by Helen Hines. The installation and training division is overseen by vice president Henry Writer, who supervises the managers of the six local installation operations, Each of these local managers hires his or her own local service people. These service employees are trained by the home office under Henry Writer's direction because of the uniqueness of the company's products. There is a small human resources department under the direction of Sally Fenton, a vice president who handles the employee paperwork, though hiring is actually performed by the separate departments. Teresa Totter is the vice president who heads the sales and marketing area; she oversees 10 well-trained satespeople. The accounting and finance division of the compary is headed by Ann Headman, who is the chief financial officer (CFO) and a company vice president; she is a member of the Institute of Management Accountants and holds a certificate in management accounting. She has a small stalf of accountants, including a controlter and a treasurer, and a staff of accounting input operators who maintain the Question 1 of 2 0.35/1 eTextbook and Media Assistance Used eTextbook List of Accounts Question 1 of 2 0.35/1 5 Question 1 of 2 0.35/1 5