SEAT General Dynamic Company has the following information for the year ended December 31, 2020. Use the following information to prepare a schedule of the cost of goods manufactured and an income statement. Assume no indirect material used and all amounts are in millions Inventory Balances Beginning Ending Work-in-Process 510 $15 Finished Goods $15 $20 Other information: Sales Revenue 500 Selling and Administrative expensesses Direct labor Manufacturing overhead actual allocated 30 Direct material used 50 90 85