Prepare income statement from the below information. Show manufacturing cost, cost of goods manufactured and cost of goods sold in the statement. Direct Material - opening stock is Rs.1,572,400, Purchases is Rs.8,420,000, purchase return is Rs.42,000 closing raw material is Rs1,270,000. Conversion cost total is Rs. 11,352,300. Calculate Direct labor separately in the statement. WIP-opening stock is Rs.2,338,000 and WIP closing stock is Rs.1,303,200. Opening finished goods is Rs. 966,100 and Closing finished goods is Rs.658,000. Sales is Rs.25,000,000.