The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: $ 88,000 138,000 Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation office equipment Depreciation, factory equipment 39,000 7,800 108,000 1,080 68,000 33,000 6,400 5,300 30,000 Beginning of End of the Year the Year Inventories: Raw materials Work in process Finished goods $ 9,800 $ 18,300 12,100 6,950 25,050 39.900 Required: 1. Prepare a schedule of cost of goods manufactured in good form. MASON COMPANY Schedule of Cost of Goods Manufactured Direct materials: Raw materials available for use Raw materials used in production $ 0 Manufacturing overhead: 0 Total overhead costs Total manufacturing costs 0 0 Cost of goods manufactured $ 2. Prepare the cost of goods sold section of Mason Company's income statement for the year. MASON COMPANY Income Statement (Partial) For the year just completed Goods available for sale 0 Cost of goods sold 0