Question 3. Oman Steel Manufacturing Company had the following account balances for the financial year ending December 31, 2015 unless otherwise not Work-in-process inventory (January 1, 2015) Work-in-process inventory (December 31, 2015) Finished goods inventory (January 1, 2015) Finished goods inventory (December 31, 2015) Direct materials used V S 140,400 171,000 540,000 510,000 378,000 0 Indirect materials used Direct manufacturing labork Indirect manufacturing labor 480,000 186,000 28,800 12,000 264,000 123,600 135,000 92,400 305,400 30,000 Property taxes on manufacturing plant building Salespersons' company vehicle costs Depreciation of manufacturing equipment Depreciation of office equipment Miscellaneous plant overhead Plant utilities General office expenses Marketing distribution costs REQUIRED: 1. Prepare a cost of goods manufactured schedule for the quarter 2. Prepare a cost of goods sold schedule for the quarter 3. Revenues for 2015 were 2,000,000. Prepare the income suatement for 2015