The following information relates to Ward Manufacturing Ltd for the year endi 31st December 2018: Direct Labour Direct Expenses Indirect Labour Indirect Materials Factory Rent Depreciation of Factory Machinery Factory Heat & Light Sales Sales Returns Discounts Received Commission Received Rent Received Finance Expenses Administration Expenses Selling & Distribution Expenses Stock of Raw Materials at 1 Janury 2019 Purchase of Raw Materials Stock of Raw Materials at 31 December 2019 Stock of Work in Progress at 1 January 2019 Stock of Work in Progress at 31 December 2019 Stock of Finished Goods at 1 January 2019 Stock of Finished Goods at 31 December 2019 f 483,500 4,375,300 214,200 312,290 896,450 121,200 42,420 19,248,120 10,430 8,500 27,700 29,300 39,520 421,400 415,200 212,280 1,375,640 183,540 292,640 198,640 226,490 870,000 Task: Prepare a Manufacturing Account and an Income Statement for Ward Manufacturing Ltd for the year ending 31st December 2018