The following information is available for the Walker Manufacturing company for 2020. (Click the icon to view the information.) Requirement Assume that all raw materials are purchased on credit and all sales are credit sales. Compute the missing amounts above. Accounts receivable, January 1, 2020 130,000 Data Table Accounts payable, January 1, 2020 Raw materials, January 1, 2020 12,000 Accounts receivable, January 1, 2020 $ 130,000 Work in process, January 1, 2020 27,000 Accounts payable, January 1, 2020 Finished goods, January 1, 2020 70,000 Raw materials, January 1, 2020 12,000 Accounts receivable, December 31, 2020 40,000 Work in process, January 1, 2020 27,000 Accounts payable, December 31, 2020 160,000 Finished goods, January 1, 2020 70,000 Raw materials, December 31, 2020 Accounts receivable, December 31, 2020 40,000 Work in process, December 31, 2020 63,000 Accounts payable, December 31, 2020 160,000 Finished goods, December 31, 2020 45,000 Raw materials, December 31, 2020 Raw materials used in production 110,000 Work in process, December 31, 2020 63,000 Raw materials purchased 170,000 Finished goods, December 31, 2020 45,000 Accounts receivable collections Raw materials used in production 110,000 Accounts payable payments 83,000 Raw materials purchased 170,000 Sales Accounts receivable collections Total manufacturing costs Accounts payable payments 83,000 Cost of goods manufactured Sales Cost of goods sold Total manufacturing costs ? Gross margin 390,000 Cost of goods manufactured Cost of goods sold 70% of Sales Enter any number in the edit fields and then continue to the next question. Gross margin 390,000 Print Done