The following information is available for Robstown Corporation for 20Y8:

Inventories	January 1	December 31
Materials	$347,000	$435,000
Work in process	627,000	590,600
Finished goods	608,200	571,000

	December 31
Advertising expense	$ 295,200
Depreciation expense-office equipment	44,400
Depreciation expense-factory equipment	55,000
Direct labor	669,600
Heat, light, and power-factory	22,480
Indirect labor	76,750
Materials purchased	658,600
Office salaries expense	185,300
Property taxes-factory	18,200
Property taxes-office building	32,400
Rent expense-factory	32,500
Sales	3,016,000
Sales salaries expense	419,000
Supplies-factory	15,900
Miscellaneous costs-factory	9,600

	Required:
	a. Prepare the 20Y8 statement of cost of goods manufactured. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
	b. Prepare the 20Y8 income statement. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Net loss should be negative. Expenses should be positive.