The ending inventory of direct material, work in process and finished goods is birr 3,000, 4,500 and 15,000 respectively. The following costs should be allocated Manufacturing Non-Manufacturing Rent 60% 40% Light, heat and power 70% 30% Telephone 70% 30% Insurance 60% 40% Depreciation 80% 20% He worried why the loss comes; he doubted his capacity of accountancy, and asked you to help him prepare the income statement as new. Can you help him by preparing the income statement as new?