Question 2 (4 points): Victoria Bikes Inc. is a small manufacturing company that makes bicycles. The company has 2 buildings, one building contains the factory where bicycles are produced, the other building is split between a retail shop where customers can come in to purchase bikes and the administrative offices. The following costs were incurred for the year ended June 30, 2023: Direct labour Indirect labour Raw material purchases Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales staff salaries Rent, factory faciliites Rent, retail store Supplies, factory Depreciation, office equipment Depreciation, factory equipment 135,000 50,000 140,000 6,500 18,000 1,500 70,000 24,000 12,000 5,000 2,500 4,000 Additionally, the company had the following inventory balances at the beginning and end of the fiscal year: Inventories Beginning Ending Raw materials 10,000 8,000 Work in process 7,000 12,500 Finished goods 9,000 20,500 1. Prepare a Schedule of Cost of Goods Manufactured for the year ended June 30, 2023 2. Calculate the cost of goods sold for the year ended June 30, 2023.