The following data from the Oasis Corporation is below:
	Sales			$ 640,000
	Direct Labor Cost			90,000
	Raw Material Purchases			132,000
	Manufacturing Overhead applied to WIP			210,000
	Actual Manufacturing Overhead costs			220,000
	Administrative Salaries			38,000
	Depreciation Expense - Office			15,000
	Marketing Expense			22,000
	Rent Expense - Office			34,000
	Sales Salaries			35,000
	Sales Commissions			12,000
	Direct Materials, beginning balance			8,000
	Direct Materials, ending balance			10,000
	Work in Process, beginning balance			5,000
	Work in Process, ending balance			20,000
	Finished Goods, beginning balance			70,000
	Finished Goods, ending balance			25,000

Prepare an Income Statement