Q1. The Analysis below shows the balance sheet accounts at Whitten Manufacturing Company after closing entries were made. Ledger Accounts Cash Credit Debit $26,000 Accounts Receivable 30,000 Materials Inventory, 12/31/25 42,000 Work in Process Inventory, 12/31/25 27,400 Finished Goods Inventory, 12/31/25 52,700 Production Supplies and Tools 8,600 Land 200,000 Factory Building 400,000 Accumulated Depreciation, Building $110,000 Factory Equipment 250,000 Accumulated Depreciation, Equipment 72,000 Sales Warehouse 148,000 Accumulated Depreciation, Warehouse 35,000 Patents 27,300 Accounts Payable 101,800 Mortgage Payable 400,000 Common Stock 260,000 Retained Earnings, 12/31/25 233,200 $1,212,000 $1,212,000 Assuming that the following information reflects the results of operations for 2025, calculate the a) Gross Margin b) Cost of Goods Sold c) Cost of Goods Available for Sale d) Cost of Goods Manufactured Net Income Operating Expenses Sales Finished Goods Inventory 12/31/X4 $133,200 48,000 450,000 68,000