The following data pertain to Babor Company for the fiscal year ended December 31: Prior December 31 Purchases of materials Direct labor Indirect labor Factory insurance Depreciation-factory Repairs and maintenance-factory Marketing expenses General and administrative expenses Materials inventory Work-in-Process inventory Finished Goods inventory Current December 31 $ 165,000 114,000 45,000 8,000 33,000 11,000 144,000 86,000 55,000 16,000 24,000 $ 23,000 13,000 17,000 Sales in the current year were $625,000. Required: Prepare a schedule of cost of goods manufactured and an income statement for the current year for Babor Company. Complete this question by entering your answers in the tabs below. Stmt of COGM Income Statement Prepare a schedule of cost of goods manufactured for the current year for Babor Company . The following data pertain to Babor Company for the fiscal year ended December 31: Prior December 31 Purchases of materials Direct labor Indirect labor Factory insurance Depreciation-factory Repairs and maintenance-factory Marketing expenses General and administrative expenses Materials inventory Work-in-Process inventory Finished Goods inventory Current December 31 $ 165,000 114,000 45,000 8,000 33,000 11,000 144,000 86,000 55,000 16,000 24,000 $ 23,000 13,000 17,000 Sales in the current year were $625,000. Required: Prepare a schedule of cost of goods manufactured and an income statement for the current year for Babor Company Complete this question by entering your answers in the tabs below. Stmt of COGM OGM Income Statement Prepare an income statement for the current year for Babor Company. Sales in the current year were >625,000. Required: Prepare a schedule of cost of goods manufactured and an income statement for the current year for Babor Company. Complete this question by entering your answers in the tabs below. Stmt of COGM Income Statement Prepare an income statement for the current year for Babor Company Babor Company Income Statement For the Year Ended December 31 Cost of goods sold Cost of goods available for sale Cost of goods sold . Stmt of COGM Income Statement Prepare an income statement for the current year for Babor Company. Babor Company Income Statement For the Year Ended December 31 Cost of goods sold N B A - . Cost of goods available for sale 1 Cost of goods sold 1 LLLL T- Total selling & administrative expenses 1 1 LEO 1 .