Question 1: Finn Inc. makes hats. For the month of March 2010 Finne had these inventory account balances: Account Direct Materials Work in Process Beginning Balance (Jan 1) Ending Balance (Jan 31) $51,000 $34,000 $72,000 $89.000 $23,000 $26,000 Finished Goods During March 2019, Finn Inc. had the following transactions: a. Spent $47,000 on direct materials b. Spent $29,000 on direct labor Calculated manufacturing overhead to be $25,000 d. Spent $20,000 on administrative expenses e. Spent $45,000 on selling expenses f. Sold 57,000 hats for $5 each Using this information please create a partial income statement for March 2019 for Finn Inc Question 2: Jake Co. makes dog collars. Jake Co. believes they will sell 12.500 dog collars this year and have revenue $56,250, total variable costs of $15,625 and total fixed costs of $32.825. With this information please find a. Jake Co.'s target operating income: b. Jake Co.'s break even units: c. Jake Co.'s margin of safety