Prepare the income staterment for East Aquatic Company for the most recent year. Use the calculation of cosl of goods sold, cost of goods marufactured, and the amounts below. Assume that the company sold 37,000 units of its product at a price of S15 each during the Click the icon to view the amounts.) (Click the icon to view the calculation of oost cf goods manufactured. ) ':Click the con to vicw the calculation of cost of goods sold ) East Aquatic Company Income Statement For Current Year Less Prepare the inccme statement for East Aquatic Company tor the most recent year Use the calculation of cost ot goods sold, cost o goods manufactured, and the amounts below Assume that the company sold 37,onn units of its product at a price of 515 cach during the year (Click the icon to view the amounts) (Click the icon to view the calculation of cost of goods (Click the icon to view the calculation of cost of goods sold.) Data Table East Aquatic Company Income Statement For Current Year End of Year S 10,000 Beginning End of of Year S 27,000 S 29,000 Insurance on plant S 1,000 S 32,000 Depreciation plant building and equipment..... 13,000 S 20,000 S 23,000 Repairs and mainlenarice-plart Year Raw material's inventory Work in process inventory Finisthed goods iveory Purchases of dire malerials Lcss 5 71,000 Markeling expenses 5 0,000 Gencral and administralive cxpenso S 3,500 5 77,000 5 26,500 less Direct labor Indirect labor 5 43, 00 Print Done re the inc e statement tor ras quatc on any lor the most recent ear use the ral 1st on o rost at goo so d on t ot gons man ta ured and lhe amounts he ow m that lhe company sl XXI unts o its product at a no ot $15 Bach clunn EEB (Click the icon to view the amounts Reference Click the icon to view the calculation of cost of goods manufactured.) (Click the icon to view the calculation of cost of goods sold.) East Aquatic Company Income Statement For Current Year East Aquatic Industries Calculation of Cost of Goods Manufactured For Current Year Beginning work in process invenlory Plus. Manufacturing costs incurrod 41,000 Direct materials used Direct labor Manutactunng overhead 69,00n 69,500 67 50D 32,000 235,500 Less: latal manutachunng cnsts to sccount tor ess Ending work in precess inventory Cost of goods manufactured (CGM) Print Done Prepare the income statement tor East Aquatic Company tor the most recent yoar Use the calculation ot costof goods sod, cost ot goods manutactured, and the amounts below Assume that the company sod 37000 units ot its product at a pnce ot 515 each during the year EEB(Click the icon to view the amounts) Click the icon to view the calculation of cost of goods manufactured ) (Click the icon to view the calculation of cost of goods sold) Roferonco East Aquatic Company Income Statement For Current Year East Aquatic Manufacturing Calculation of Cost of Goods Sold For Current Year Beginning finished goods inventory Plus: Cost of goods manufactured Cost of goods available for sale Less Ending finished goods inventory Cost of goods sold 20,000 235,500 255,500 23,000 232,500 Less: PrintDone