The following information is available for Aikman Company. 2020 January 1, 2020 $23,440 16,850 28,080 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue December 31, 2020 $35,880 17,340 22,260 $152,980 225,820 183,650 901,900 Prepare an income statement through gross profit. AIKMAN COMPANY Income Statement (Partial) For the Year Ended December 31, 2020 $ >> $ $ Aikman Company Cost of Goods Manufactured Schedule Work-in-Process Inventory. 1/1 Direct Materials Raw Materials Inventory, 1/1 23440 Materials Purchased 152980 Materials Available for Use 176420 Less : Raw Materials Inventory, 12/31 35880 i Direct Materials Used 140540 Direct Labor 225820 Manufacturing Overhead 183650 Total Manufacturing Costs Total cost of Work in Process Inventory Less Work in Process Inventory, 12/31 Cost of Goods Manufactured Aikman Company Cost of Goods Manufactured Schedule $ 16850 $ 23440 152980 176420 story, 12/31 35880 140540 225820 183650 550010 entory 566860 rentory, 12/31 17340 $ 549520