Prepare the Cost of Goods Manufactured and Cost of Goods Sold Statements based on the following information, a. Direct Materials $16,000 b. Beginning Work in Process $4,000 c. Beginning Finished Goods $12,000 d. Ending Work in Process $7,000 e. Ending Finished Goods $3,000 f. Direct Labor $9,000 g. Manufacturing Overhead $8,000