Required: Prepare a statement of cost of goods manufactured and an income statement for Fair Wind Yachts for the year ended December 31. Complete this question by entering your answers in the tabs below. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Fair Wind Yachts } \\ \hline \multicolumn{1}{|c|}{ Income Statement } \\ \hline For the Year Ended December 31 & & \\ \hline Cost of goods sold & & & \\ \hline & & & \\ \hline Total goods available for sale & & & \\ \hline Cost of goods sold & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular}