Required: Given that the sales for December is $950,000. Prepare a Statement of Cost of Goods Manufactured and the Income Statement of Buff Pte Ltd for December 2022. Please show working clearly. Question 2 (This part to be treated independently from Question 1)( 8 marks) Venice Pte Ltd is also exploring the possibility of expanding its services and is looking at investing in Buff Pte Ltd, a manufacturer of exercise equipment. The following data for the month of December 2022 was provided by the Buff Pte Ltd Factory Supplies and utilities Administrative expenses Salaries of salesmen Selling expenses 51,800 95,000 150,000 100,000