Tresme Incorporation incurred the following costs while manufacturing its product: Factory Supplies $28,000 Advertising expense $55,000 Direct materials used 180,000 Property taxes on plant 20,000 Depreciation on plant 80,000 Delivery expenses 15,000 Property taxes on store 9,500 Sales Commission 40,000 Direct labour costs 125,000 Sales clerks salaries 60,000 Additional Information: Raw materials was $60,000 at January 01 and $45,000 at December 31. Work in process inventory was $22,000 at January 01 and $30,500 at December 31.Finished goods inventory was $80,000 at January 01 and $55,600 at December 31. Required: a) Compute the Cost of Goods Manufactured. (6 Marks) b) Compute the Cost of Goods Sold. (3 Marks) c) Prepare the current assets section of the Balance Sheet at December 31. (3 Marks)