The following information has been taken from the accounting records of Mathew's Corporation for the year ended December 2019: $ 130,000 140,000 90,000 60,000 36,000 150,000 162,000 750,000 2,500,000 Administrative expense Selling Expenses Raw Materials, January 1 2019 Raw Materials, December 31 2019 Utilities, factory Direct Labour Cost Depreciation, factory Purchases of Raw Materials Sales Insurance, factory Supplies, factory Administrative expenses Indirect Labour Maintenance, factory Work in Process, January 1 2019 Work in Process, December 31 2019 Finished Goods, January 1 2019 Finished Goods, December 31 2019 40,000 15,000 270,000 300,000 87,000 180,000 100,000 260,000 210,000 Required: Prepare a schedule of cost of goods manufactured for the period ending December 31, 2019 Prepare the income statement showing the profit for the period ending December 31 2019 (30 marks)