Several inems ate omilted from the income statement and cost of goods manufactured statement data for two different companies for the month of May: c. Prepare Yakima Company's income statement for May. Income Statement Instructions Lables and Amount Descriptions virectianur Factory overhead Finished goods inventory, May 1 Finished goods inventory, May 31 Gross profit Materials inventory, May 1 Materials inventory, May 31 Net income Net loss Operating expenses Purchases Sales Total manufacturing costs incurred in May Total manufacturing costs Work in process inventory, May 1 Work in process inventory, May 31 a. Determine the amounts of the missing items, identifying them by letter. Additional Instruction Required: a. Determine the amounts of the missing items, identifying them by letter. b. Prepare Yakima Company's statement of cost of goods manufactured for May. c. Prepare Yakima Company's income statement for May. b. Prepare Yakima Company's statement of cost of goods manufactured for May. Statement of Cost of Goods Manufactured (Label) Lables and Amount Descriptions Labels For the Month Ended May 31 For the Year Ended May 31 Amount Descriptions Cost of direct materials used in production Cost of finished goods available for sale Cost of goods manufactured Cost of goods sold Cost of materials available for use Direct labor Factory overhead Finished goods inventory, May 1 Finished goods inventory, May 31 Gross profit Materials inventory, May 1 Materials inventory, May 31