S 83 113 1,680 Information on January 1 (Beginning): Direct materials inventory Work-in-process inventory Finished goods inventory Information for the year. Administrative costs Direct labor Direct materials purchases Factory and machine depreciation Factory supervision Factory utilities Indirect factory labor Indirect materials and supplies Marketing costs Property taxes on factory Sales revenue Information on December 31 (Ending): Direct materials inventory Work-in-process inventory Finished goods inventory $ 3,670 12.150 8,220 11,630 739 933 2.930 682 1,500 285 45,800 $ 91 140 1,430 Required: Prepare an income statement with a supporting cost of goods sold statement. (Enter your answers in thousands of dollars (i.e., 234,000 should be entered as 234).) YOLO WINDOWS Income Statement For the Year Ended December 31 ($000) Sales revenue $ 45,800 Less: Cost of goods sold Gross margin Marketing costs Administrative costs Total marketing and administrative costs 0 YOLO WINDOWS Statement of Cost of Goods Sold For the Year Ended December 31 ($000) Manufacturing costs: Direct materials: Manufacturing overhead: Total manufacturing overhead Total manufacturing costs Total cost of work in process during the year Costs of goods manufactured during the year Cost of goods sold