The following information is available for Robstown Corporation for $20$Y$8$:

Inventories

January $1$

December $31$

Materials $$352,000$ $$436,200$

Work in process $632,000590,800$

Finished goods $606,200574,000$

December $31$

Advertising expense $ $295,400$

Depreciation expense$-$office equipment $43,800$

Depreciation expense$-$factory equipment $56,340$

Direct labor $669,400$

Heat, light, and power$-$factory $22,220$

Indirect labor $77,000$

Materials purchased $659,200$

Office salaries expense $185,300$

Property taxes$-$factory $18,500$

Property taxes$-$office building $31,600$

Rent expense$-$factory $33,000$

Sales $3,015,000$

Sales salaries expense $418,000$

Supplies$-$factory $15,200$

Miscellaneous costs$-$factory $9,700$

Required:

a$.$ Prepare the $20$Y$8$ statement of cost of goods manufactured.

b$.$ Prepare the $20$Y$8$ income statement.