please show how you come up with numbers thank you.

The following data from the just completed year are taken from the accounting records of Mason Company Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ $ $ $ $ $ $ 524,000 70,000 118,000 140,000 63,000 90,000 80,000 nventories Raw materials Nork in process Finished goods Beginning Ending $ 7,000 $ 15,000 $ 10,000 $ 5,000 $ 20,000 $ 35,000 Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to cost of Goods Sold. 3. Prepare an income statement Mason Company Schedule of Cost of Goods Manufactured $ 10,000 Beginning WIP Direct material: Beginning RM Add: Purchases of RM Total raw materials available Less: Ending raw materials $ 7,000 $118,000 $125,000 $ (15,000) $ (15,000) Less: Ending raw materials Direct material used in production Direct labor Manufacturing overehead $ 110,000 $ 70,000 $ 90,000 Total manufacturing costs added to production Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured Mason Company Schedule of Cost of Goods Sold $ 20,000 Beginning Finished Goods Add: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Unadjusted cost of goods sold overhead Adjusted cost of goods sold Mason Company Income Statement Mason Company Income Statement Sales Cost of goods sold Gross Margin Selling and administrative expenses: Selling expenses Administrative expenses Net operating income