Question 1: Finn Inc. makes hats. For the month of March 2019. Finn Inc. had these inventory account balances Account Direct Materials Berinning Balance (Jan 1) Ending Balance (Jan 31) $51,000 $34,000 $72,000 $89,000 $23,000 $26,000 Work in Process 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 c. 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. Income Statement TTTT