Thompson Company has the following information for the year ended December 31, 2018. (Click the icon to view the information.) millions. Use the information to prepare a schedule of cost of goods manufactured and an income statement. Assume no indirect materials are used and all amounts are shown goods manufactured. Begin by preparing a schedule of cost Thompson Company Schedule Cost of Goods Manufactured Data Table Year Ended December 31, 2018 (in millions) Inventory balances: Beginning Ending Work-in-Process 12 15 Finished Goods 11 16 Other information: Sales Revenue 215 Selling and Administrative Expenses 62 73 Direct Labor Cost of Goods Manufactured Manufacturing Overhead; actual and allocated 22 25 Now prepare an income statement. Direct Materials Used Thompson Company Income Statement Print Done Year Ended December 31, 2018 (in millions) Cost of Goods Sold Gross Profit Net Income (Loss)