Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December: On Company $ 65,800 (a) 282,800 317,800 387,800 148,400 (b) Off Company 9 195,300 91.140 (a) (b) 577,220 256,060 1,519,000 Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred in December Total manufacturing costs Work in process inventory, December 1 Work in process inventory, December 31 Cost of goods manufactured Finished goods inventory, December 1 Finished goods inventory, December 31 Sales Cost of goods sold Gross profit Operating expenses Net income 973.000 119,000 172,200 (o 224.000 197.400 1.127,000 (d) (e) 117,600 1.727.320 208,320 (c) 1.532,020 269,080 (d) 1,944,320 1.545,040 (e) 164,920 1. Instructions For both companies, determine the amounts of the missing items (a) through (1), identifying them by letter. Prepare On Company's statement of cost of goods manufactured for December 3. Prepare On Company's income statement for December