The following costs and inventory data were taken from the accounts of Simon Company for 2020 : \begin{tabular}{l|r|r|} \hline Inventories: & 1Jan20 & 31Dec20 \\ \hline Raw materials & $8,000 & $7,000 \\ \hline Work in process & 15,000 & 13,000 \\ \hline Finished goods & 16,000 & 12,000 \\ \hline & & \\ \hline Costs incurred: & & \\ \hline Raw materials purchases & $98,000 \\ \hline Direct labor & 42,000 \\ \hline Factory rent & 8,000 \\ \hline Factory utilities & 10,000 \\ \hline Indirect materials & 6,000 \\ \hline Indirect labor & 9,000 \\ \hline Factory depreciation & 12,000 \\ \hline Marketing expenses & 20,000 \\ \hline Administrative expenses & 17,000 \\ \hline \end{tabular} Required: 1. Prepare a Schedule of Cost of Goods Manufactured for Simon Company for the year ended December 31,2020 in good 2. Prepare the Cost of Goods Sold section of the Income Statement for Simon Company for the year ended December 31