The following data (in thousands of dollars) have been taken from the accounting records of Larner Corporation for the year just completed:

Sales	$870
Purchases of raw materials*	$110
Direct labour	$130
Manufacturing overhead	$200
Administrative expenses	$210
Selling expenses	$120
Raw materials inventory, beginning*	$30
Raw materials inventory, ending*	$60
Work in process inventory, beginning	$50
Work in process inventory, ending	$10
Finished goods inventory, beginning	$150
Finished goods inventory, ending	$140

Required: (a.) Prepare a schedule of cost of goods manufactured in good form. (b.) Compute the cost of goods sold. (c.) Using data from your answers above as needed, prepare an income statement in good form.