The following data pertain to Babor Company for the fiscal year ended December 31: Prior December 31 Purchases of materials Direct labor Indirect labor Factory insurance Depreciation-factory Repairs and maintenance-factory Marketing expenses General and administrative expenses Materials inventory Work-in-process inventory Finished Goods inventory Current December 31 $ 177,500 120,250 47,5ee 8,500 34,25e 12,500 125,750 86,750 58,750 17,000 24,400 $ 25,500 14,250 17,500 Sales in the current year were $596,000. Required: Prepare a schedule of cost of goods manufactured and an income staterhent for the current year for Babor Company Complete this question by entering your answers in the tabs below. Stmt of COGM Income Statement Prepare a schedule of cost of goods manufactured for the current year for Babor Company Prepare a schedule of cost of goods manufactured for the current year for Babor Company, Babor Company Statement of Cost of Goods Manufactured For the Year Ended December 31 Direct materials Materials available Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total manufacturing costs to account for Cost of goods manufactured Total factory overhead Total manufacturing costs Total manufacturing costs to account for Cost of goods manufactured Income Statement > Complete this question by entering your answers in the tabs below. Stmt of COGM Income Statement Prepare an income statement for the current year for Babor Company Babor Company Income Statement For the Year Ended December 31 Cost of goods sold Cost of goods available for sale Cost of goods sold Total seling & administrative expenses