The following information is provided for WWE Manufacturing Company. Assume that all materials inventory items are direct materials. $14,000 21,000 13,000 11,500 Materials inventory, January 1 Materials purchases for the year Materials inventory, December 31 Direct labor for the year Factory overhead for the year Work in process, January 1 Work in process, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 6,500 20.000 15,000 32,000 26.000 Required: 1. Prepare a schedule of cost of goods manufactured for the company for the year ended December 31, 20- 2. Prepare the related cost of goods sold section of the income statement for the company for the year ended December 31, 20