Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of May Yakima Company Rainier 280,560.00 $176,000.00 2Materials inventory,May 1 3 Materials inventory,May 31 4 Materials purchased 5 Cost of direct materials used in production 6 Direct labor 176,500.00 712,400.00 340,400.00 52,800.00(a) 1,058,000.00 (b) 325,600.00 180,000.00 1,034,000.00 2,677,200.00 1,477,000.00 540,800.00 443,000.00 Factory overhead 8 Total manufacturing costs incurred in May 9 Total manufacturing costs 10 Work in process inventory, May 1 11 Work in process inventory, May 31 12 Cost of goods manufactured 13 Finished goods inventory,May1 14 Finished goods inventory, May 31 15 Sales 16 Cost of goods sold 17 Gross profit 18 Operating expenses 9 Net income 51,800.00 1,026,500.00 79,200.00 202,500.00 97000.00(d) ,143,000.00 1,673,500.00 1,045,000.00 43,000.00() 381,300.00 Required a. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers b. Prepare Yakima Company's statement of cost of goods manufactured for May. For those boxes in which you must enter subtracted or negative numbers use a minus sign c. Prepare Yakima Company's income statement for May. Enter all amounts as positive numbers." Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries a. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Letter Rainier Company Yakima Company a. $240,160 $2,136,400 $2,225,400 $2,207,600 $1,935,400 $1,392,400 $339,900 $514,100 $450,500 $184,000 $628,500 $247,200 C. 1 b. Prepare Yakima Company's statement of cost of goods manufactured for May. Refer to the Amount Descriptions Wst provided for the exact wording of the answer choices for text entnies. For those boxes in which you must enter subtracted or negatrive numbers use a minus sign Yakima Company Statement of Cost of Goods Manufactured For the Month Ended May 31 540,400.00 Work in process imventory, May 1 2Direct materials Mateals nvenoryMay 1 280,5600 711,40000 $991,96000 240,16000j 4 Purchases 5 Cost of materials avalable for use Matenials Iwenory.May 31 Cost of direct materials used in production B Direct labo Factory overhead 1Total manufacturing costs incurred in May 11 Total manutacturing costs 12 Work in process imventory, May 31 3 Cost of goods manufactured 5752,80000 1058,00D 525,60000 2136,40000 $2,677,2000 451300.00) $2,225,4000 c. Prepare Yakima Company's income statement for May. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Enter all amounts as positive numbers. Yakima Company Income Statement For the Month Ended May 31 1 Sales 2 Cost of goods sold: 4143,000.0 Fiihed goods inventory,May 1 4 Cost of gcods manufactured 5 Cost of finished goods available for sale 6 Finished goods inventory,May 31 7 Cost of gcods sold 8 Gross profit 479,20000 2,225,40000 2,704,600.0 (497,000.00) 2,207,600.00 $1,935,400.0i 543,000.00 $1,392400.01 Operating expenses 10 Net income