Thompson Company has the following information for the year ended December 31, 2024. BE (Click the icon to view the information.) 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 in millions. Data table Begin by preparing a schedule of cost of goods manufactured. Thompson Company Schedule of Cost of Goods Manufactured Year Ended December 31, 2024 (in millions) Inventory balances: Beginning Ending 14 17 6 14 Work-in-Process Finished Goods Other information: Get more help Sales Revenue 420 Selling and Administrative Expenses 64 Direct Labor 22 Manufacturing Overhead; actual and allocated 25 Direct Materials Used 25 Print Done