Tow ESSAY. Write your answer in the space provided or a separate sheet of paper. 1) The following data have been taken from the accounting records of Jimbob Co. for that year end December 31 201 Depensation Factory Building Depression Factory Equipment Depreciation Sales Department domobiles Direct Wages Factory Direct Benefits Factory Employees Factory Manager's Salary and Benefits Finished Goods Inventory, Beginning Finished 10,000 50,000 10,000 200,000 30,000 50.000 20,000 Head Office Salanes and Benefits hed Goods laventory, Ending 30,000 Other Administrative Expenses 300,000 Other Manufacturing 50,000 Other Setting Overhead Expenses 40,000 30,000 10,000 Raw Materials Inventory, Beginning Raw Materials, Fasting Raw Material Purchased Sales Department Salaries and Commissions Sales Revenue Utility Cost Factory Utility Costs Sales Office Work in Process Inventory, Beginning Work in Process Inventory, Ending 15,000 200,000 150,000 1,200,000 50,000 20,000 100,000 110,000 Required: a. Prepare a Schedule of Cost of Goods Manufactured in good form. b. Compute the Cost of Goods Sold c. Using data from your answers above as needed, prepare an Income Statement in good form.