Prepare an income statement. Note: Use cost of goods sold calculated in part 1.

Raw Materials Inventories Raw materials, beginning Raw materiais purchases Direct materials used Raw materials, ending $0 $25,000 $50,000 \begin{tabular}{l|l|} $75,000 & $100,000 \end{tabular} $150,000 $175,000 $200,000 Work in Process \& Finished Goods Inventories Work in Process Finished Goods Indirect labor Factory $50,000 $54,000 $50.000 $40,000 547 non Additional Data Sales and Select Expense Accounts Salos General \& administrative expenses Selling expensos Tableau DA 14-3 (Static): Mini-Case, Preparing an income statement Prepare an income statement. Note: Use cost of goods sold calculated in part 1. Raw Materials Inventories Raw materials, beginning Raw materiais purchases Direct materials used Raw materials, ending $0 $25,000 $50,000 \begin{tabular}{l|l|} $75,000 & $100,000 \end{tabular} $150,000 $175,000 $200,000 Work in Process \& Finished Goods Inventories Work in Process Finished Goods Indirect labor Factory $50,000 $54,000 $50.000 $40,000 547 non Additional Data Sales and Select Expense Accounts Salos General \& administrative expenses Selling expensos Tableau DA 14-3 (Static): Mini-Case, Preparing an income statement Prepare an income statement. Note: Use cost of goods sold calculated in