The following information is available for Shanika Company for 20Y6:

\begin{tabular}{lrr} Inventories & January 1 & December 31 \\ \hline Materials & $214,410 & $261,580 \\ Work in process & 385,940 & 355,750 \\ Finished goods & 370,930 & 363,600 \\ Advertising expense & $177,610 \\ Depreciation expense-office equipment & 25,110 \\ Depreciation expense-factory equipment & 33,740 \\ Direct labor & 402,830 \\ Heat, light, and power-factory & 13,340 \\ Indirect labor & 47,080 \\ Materials purchased & 394,990 \\ Office salaries expense & 137,850 \\ Property taxes-factory & 10,990 \\ Property taxes-headquarters building & 22,760 \\ Rent expense-factory & 18,570 \\ Sales & 1,849,370 \\ Sales salaries expense & 227,050 \\ Supplies-factory & 9,160 \\ Miscellaneous costs-factory & 5,750 \end{tabular} 1. Prepare the statement of cost of goods ihanufactured. Shanika Company Statement of Cost of Goods Manufactured For the Year Ended December 31, 20 Y6 Total manufacturing costs Cost of goods manufactured Shanika Company Income Statement For the Year Ended December 31, 20 Y6