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

Inventories	January 1	December 31
Materials	$44,250	$31,700
Work in process	63,900	80,000
Finished goods	101,200	99,800

	December 31
Advertising expense	$ 400,000
Depreciation expense-office equipment	30,000
Depreciation expense-factory equipment	80,000
Direct labor	1,100,000
Heat, light, and power-factory	53,300
Indirect labor	115,000
Materials purchased	556,600
Office salaries expense	318,000
Property taxes-factory	40,000
Property taxes-office building	25,000
Rent expense-factory	27,000
Sales	3,850,000
Sales salaries expense	200,000
Supplies-factory	9,500
Miscellaneous costs-factory	11,400

	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.