The following balances are from the accounts of Tappan Parts: January 1 December 31 (Ending) $ 24,900 28,500 7,400 (Beginning) Direct materials inventory Work-in-process inventory Finished goods inventory $ 22,200 32,300 5,see Direct materials used during the year amount to $46,100 and the cost of goods sold for the year was $53.000. Required: Prepare a cost of goods sold statement. TAPPAN PARTS Cost of Goods Sold Statement For the Year Ended December 31 Manufacturing costs Direct materials Materials available Direct materials used