The following events took place for Sorensen Manulacturing Company during January, the first month of its operations as a producer of digital video monitors Select the corresponding accounts in the dropdowns in cells B21:B23, B25:B26, B28. Using formulas and cell references, perform the required analysis, and input your answers into the green cells in the C and D columns. Transfer the numeric results for the green entry cells (D21:D23, C25:C26, D27:D28, C31:C33) into the appropriate fields in CNOWv2 for grading 18 Sorensen Manufacturing Company Income Statement For the Month Ended January 31 Formulas 2120 a Your answer should be a formula Your answer should be at formula. Your answer should be a formula. Operating expenses: Your answer should be a formula Your answer should be a formula 25262728 Administrat Total oper Net income Inventory balances on January 31 : b. Materials Work in process Finisbed goods 580,640 557,660 597,900 Your answer stiould be a formula Your answer should be a formula Your answer should be a formula