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

Inventories	January 1	December 31
Materials	$345,000	$436,800
Work in process	634,600	591,600
Finished goods	607,800	575,500

	December 31
Advertising expense	$ 294,800
Depreciation expense-office equipment	42,000
Depreciation expense-factory equipment	55,940
Direct labor	669,000
Heat, light, and power-factory	22,100
Indirect labor	78,500
Materials purchased	658,000
Office salaries expense	185,900
Property taxes-factory	19,000
Property taxes-office building	31,800
Rent expense-factory	32,300
Sales	3,010,000
Sales salaries expense	416,000
Supplies-factory	15,300
Miscellaneous costs-factory	9,300

	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.