The Sebeka Company reports the following information pertaining to the month of January. Materials Inventory Work in Process Inventory Finished Goods Inventory Ending Balance $ 15,000 30,000 50,000 Beginning Balance $ 45,000 70,000 40,000 During January, the company purchased $60,000 of direct materials and incurred $80,000 of direct labor costs. Total manufacturing overhead costs for the month amounted to $25,000. Selling and administrative expenses amounted to $100,000, and the company's January sales amounted to $500,000 a. Prepare Sebeka's schedule of the cost of finished goods manufactured. b. Prepare Sebeka's income statement (ignore income taxes). Complete this question by entering your answers in the tabs below. Required A Required B Prepare Sebeka's schedule of the cost of finished goods manufactured. SEBEKA COMPANY Schedule of the Cost of Finished Goods Manufactured For the Month Ended January 31 Work in process inventory, January 1 Manufacturing costs assigned to production: Direct materials used 0 Total cost of work in process $ 0 Cost of finished goods manufactured $ 0 Complete this question by entering your answers in the tabs below. Required A Required B Prepare Sebeka's income statement (ignore income taxes). SEBEKA COMPANY Income Statement For the Month Ended January 31 $ 0 $ 0