StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Ending Inventory $ 25,900 46,000 68,900 Beginning Inventory $ 29,900 Raw materials Work in process 22,200 Finished goods 79,400 Additional information for the month of March follows: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative expenses Sales revenue Required: 1. Based on the above information, prepare a cost of goods manufactured report 2. Based on the above information, prepare an income statement for the month of March Complete this question by entering your answers in the tabs below. $40,400 1,900 62,500 36,300 23,900 236,300 Required 1 Required 2 Based on the above information, prepare a cost of goods manufactured report. StorSmart Company Cost of Goods Manufactured Report For the Month of March Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on the above information, prepare a cost of goods manufactured report. StorSmart Company Cost of Goods Manufactured Report For the Month of March Direct Materials Used in Production Total Current Manufacturing Costs Total Work in Process Cost of Goods Manufactured $ $ Required 1 0 0 Required 2 > 1. Based on the above information, prepare a cost of goods manufactured report. 2. Based on the above information, prepare an income statement for the month of March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on the above information, prepare an income statement for the month of March. StorSmart Company Income Statement For the Month of March Less: Cost of Goods Sold Cost of Goods Sold Net Income (Loss) from Operations < Required 1 Required 2 >