The Zoe Corporation has the following information for the month of March. (use whichever method you prefer) (a) what was the cost of the raw materials used in production during the year? (prepare schedule for direct materials or can put it with your schedule of cost of goods manufactured) (b) what was the cost of goods manufactured (finished) for the year? (show work) (c) what was the cost of goods sold? (show work) (d) what was the net income for the year? (no actual income statement is needed) Purchases Materials $92,000 Work in process, March 1 22,000 6,000 Work in process, March 18,500 Inventory, March 1 31 Materials 8,000 Finished goods 21,000 inventory, March inventory, March 1 31 Direct labor 25,000 Finished goods 25,000 inventory, March 31 Factory overhead 37,000 Sales 257,000 Sales and administrative 79,000 expenses