Prepare the income statement for South Marine Company for the most recent year. Use the calculation of cost of goods sold, cost of goods manufactured, and the amounts below Assume that the company sold 39,000 units of its product alandca (Click the icon to view the amou Click the icon to view the calcu (Click the icon to view the calcu Data table - x Loss Loss Beginning of Year End of End of Yaar Year Raw materials inventory $ 27.000 $ 30,000 Insurance on plant $ South Work in process inventory S 43,000 $ 30,000 Depreciation-plant building and equipment Ince Finished goods inventory. $ 17,000 $ 22.000 Repairs and maintenance-plant 3 Fo Purchases of direct materials $ 77,000 Marketing expenses 9.000 $13.200 4,000 $76,000 Direct labor. $ 09.000 General and administrative expenses $ 20.500 Indirect labor $ 40,000 Print Done