The following data relates to the Houston Co.:

Direct Materials Inventory, Beginning	$650
Direct Materials Inventory, Ending	$600
Direct Materials Purchases	$4,500
Direct Labor	$2,300
Factory Overhead	$3,200
Work-in-Process Inventory, Beginning	$1,350
Work-in-Process Inventory, Ending	$1,440
Finished Goods Inventory, Beginning	$2,400
Finished Goods Inventory, Ending	$2,350
Sales Revenue	$14,500
Selling and Administrative Expenses	$2,800
Income Tax Rate	35%

Required:

a. Prepare a Statement of Cost of Goods Manufactured.

b. Prepare an Income Statement