The following information pertains to the Satyam Company for the year ending December 31, 2019. $ Hours Revenue 40,000 Interest expense 2300 Purchases of direct materials 10,000 Indirect Labour 8,000 Beginning direct material 1850 Indirect Materials 5,000 Supplies expense [factory] 3,500 Supplies [factory] 9540 Depreciation of factory machines 2,000 Depreciation of factory Plant 2300 Depreciation of shop 4,000 Unearned revenue 5620 Selling commission 1200 Marketing costs 4200 Wages [Store] 6.000 Insurance expense [ shop] 2300 Prepaid insurance Expense [store] 1450 Supplies expense [store] 5,000 Utilities [store] 2,500 Direct Labor Hours 2500 Hourly Rate for direct labour 11 Direct materials inventory Dec 31 2019 7,000 Work in process Jan 1 2019 3,000 Sales Return/ allowances 2100 Rent revenue 8.000 Work in process Dec 31 2019 5,000 Sales Discounts 3,000 Finished Goods Inventory Jan 1 2019 6,000 Finished Goods Inventory Dec 31 2019 2500 REQUIRED 1. Prepare a COGM statement for year end