The following data pertain to Spartan Products Company: Sales revenue Materials inventory, January 1 Direct labor-wages Depreciation expense-plant and equipment Indirect labor-wages Heat, light, and power-plant Supervisor's salary-plant Finished goods inventory, January 1 Work-in-process inventory, December 31 Supplies-administrative office Property taxes-plant Finished goods inventory, December 31 Materials inventory, December 31 Sales representatives' salaries Work-in-process inventory, January 1 Materials purchases Supplies-plant Depreciation-administrative office. Required: $ 3,700,000 38,000 440,000 98,000 23,000 21,000 58,000 44,000 34,000 9,600 49,000 58,000 39,000 460,000 53,000 316,000 11,200 57,000 Prepare a statement of cost of goods manufactured and an income statement for Spartan Products Company for the year ended December 31. Prepare a statement of cost of goods manufactured for Spartan Products Company for the year ended December 31. SPARTAN PRODUCTS COMPANY Statement of Cost of Goods Manufactured For the Year Ended December 31 Direct materials Total materials available Direct materials used Factory overhead Total factory overhead. Total manufacturing costs Total manufacturing costs to account for Cost of goods manufactured Stmt of COGM Income Statement Prepare an income statement for Spartan Products Company for the year ended December 31. SPARTAN PRODUCTS COMPANY Income Statement For the Year Ended December 31 Cost of goods sold Total goods available for sale Cost of goods sold Total selling & administrative expenses < Stmt of COGM Income Statement >