QUESTION #1 Use the following information to pr Inverness Industries and a corresponding classified incom December 31", 2021. ca cost of goods manufactured statement for ding classified income statement for the year ended BALANCE $13,500 255,000 9,175 94,560 23,625 ACCOUNTS Factory Utilities Direct Labour Freight on Raw Materials Income Tax Expense Indirect Labour Inventories: Raw Materials, Jan 1 Raw Materials, Dec 31 Goods in Process, Jan 1 Goods In Process, Dec 31 Finished Goods, Jan 1 Finished Goods, Dec 31 Misc. Production Costs Office Salaries Expense Raw Materials Purchases Rent Expense, Office Space Rent Expense, Selling Expense Rent on Factory Building Repairs to Production Equipment | Sales Sales Discounts Sales Salaries Expense Factory Supervision Advertising Expense Depreciation Expense, Machinery Depreciation Expense, Office Equipment Depreciation on Selling Equipment Factory Supplies Used 74,625 64,000 51,650 50,125 70,800 56,700 3,375 28,350 347,625 9,450 10,800 32,400 12,300 1,312,675 23,350 118,125 48,600 8,100 14,175 3,375 4,050 7,425