The following information is available for Dynatech, Inc. for the fiscal year ending December 31, 2017:

ber 31, 07 is available for Dynatech, Inc. for the f Beginning balance in Work in Process Inventory Ending balance in Work in Process Inventory Beginning balance in Finished Goods Inventory Ending balance in Finished Goods Inventory Direct material cost Direct labor cost Manufacturing overhead Selling and administrative expenses Sales $150,000 280,000 450,000 380,000 2,100,000 2,700,000 1,400,000 1,250,000 7,200,000 Prepare a schedule of cost of goods manufactured Dynatech, Inc. Schedule of Cost of Goods Manufactured For the Quarter Ended December 31, 2017 # Direct material 2,100,000 Prepare an income statement for fiscal 2017. Ignore income taxes. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Dynatech, Inc. Income Statement