[The following Information applies to the questions displayed below.] Selected account balances for the year ended December 31 are provided below for Superior Company: $ 130,000 $ 339,000 Selling and administrative salaries Purchases of raw materials Direct labor Advertising expense Manufacturing overhead Sales commissions $ 90,000 $ 310,000 $ 60,000 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning of Year $ 20,000 $ ? $40,000 End of Year $5,000 $ 28,000 $ ? The total manufacturing costs for the year were $709,000; the goods available for sale totaled $757.000; and the cost of goods sold totaled $689,000. Requirement 1: (a) Prepare a schedule of cost of goods manufactured. (Input all amounts as positive values. Omit the "S" sign in your response.) Superior Company Schedule of Cost of Goods Manufactured For the Year Ended December 31 Direct materials: (Click to select) a (Click to select) : (Click to select) (Click to select) (Click to select) : (Click to select) Raw materials used in production (Click to select) (Click to select) Total manufacturing costs (Click to select) : (Click to select) (Click to select) : (Click to select) Cost of goods manufactured (b)Prepare the cost of goods sold section of the company's income statement for the year.(Input all amounts as positive values. Omit the "$" sign in your response.) (Click to select) (Click to select) : (Click to select) Goods available for sale (Click to select) : (Click to select) Cost of goods sold