The following information is available for Robstown Corporation for 20Y8 : December 31 \begin{tabular}{lr} & December 31 \\ \hline Advertising expense & $400,000 \\ \hline Depreciation expense-office equipment & 30,000 \\ \hline Depreciation expense-factory equipment & 80,000 \\ \hline Direct labor & 1,100,000 \\ \hline Heat, light, and power-factory & 53,300 \\ Indirect labor & 115,000 \\ \hline Materials purchased & 556,600 \\ Office salaries expense & 318,000 \\ \hline Property taxes-factory & 40,000 \\ \hline Property taxes-office building & 25,000 \\ \hline Rent expense-factory & 27,000 \\ \hline Sales & 3,850,000 \\ \hline Sales salaries expense & 200,000 \\ \hline Supplies-factory & 9,500 \\ \hline Miscellaneous costs-factory & 11,400 \\ \hline \end{tabular} Required: a. Prepare the 20Y8 statement of cost of goods manufactured. b. Prepare the 20Y8 income statement. Robstown Corporation Statement of Cost of Goods Manufactured (Label) 1 1. Direct materials: 3. 4 3 6 7 1. 9. Factory overhead: 10 11 12 13. Statement of Cost of Goods Manufactured 6 7 B 9 Factory overhead: 10 11 11 is 14 15 is 1) 18. 13 80 23 b. Prepare the 20Y8 income statement. Income Statement instructions Income Statement 7 1 Cost of goods sold: 3) 3 9. 4 105 11 6 127 11 8 14 O Operating expenses: 15. 10 Administrative expenses: 16 11 17 18 18. 15 14 i4 Selling expenses: 13 1 is