Required Information Exerclse 3-31 Manufacturing Cost Flows (LO 3-2, 3-5, 3-6) [The following Information applies to the questions displayed below.] Relmel Furniture Company, Inc., Incurred the following costs during 202. During 202, manufacturing overhead of $160,000 was applied to productlon. Products costing $122,000 were finished, and products costing $132,000 were sold on account for $193,000. There were no purchases of raw materlal during the year. The beginning balances in the firm's Inventory accounts are as follows: Exercise 3-31 Part 2 2. Prepare a partlal balance sheet and a partlal Income statement to reflect the Information given above. Complete this question by entering your answers in the tabs below. Prepare a partial balance sheet. Required Information Exerclse 3-31 Manufacturing Cost Flows (LO 3-2, 3-5, 3-6) [The following information applies to the questions displayed below.] ReImel Furniture Company, Inc., Incurred the following costs during 202. During 202, manufacturing overhead of $160,000 was applied to production. Products costing $122,000 were finished, and products costing $132,000 were sold on account for $193,000. There were no purchases of raw materlal during the year. The beginning balances in the firm's Inventory accounts are as follows: Exercise 3-31 Part 2 2. Prepare a partial balance sheet and a partial Income statement to reflect the information given above. Complete this question by entering your answers in the tabs below. Prepare a partial income statement