The following data has been provided from Quens Co. for the month of February: 340.000- 84.000- Inventories: Beginning Raw Materials 21.000 23.000 Finished Goods 43.000 Sales Revenue Raw Material purchases Direct Labor cost Manufacturing Overhead Distributing expenses Research & Development exp. Ending 34.000- 15.000- 52.000- 43.000- WIP 57.000- 27.000- 45.000- a. Calculate Raw Materials used in Production, Cost of Goods Manufactured and cost of Goods Sold. (Show all of your calculations!) b. Prepare an Income Statement for Quens' Comp. for the end of February