TWIN PEEKS Inc. it is a manufacturing company who have multiple facilities around North America. TWIN PEEKS builds technological pieces for the vehicle industries and other pieces for other industries in computer industries. Here next the financial information of the company as of 202X and 201X. December 31, 202X December 31, 2017 $ 925,233 $ 965.623 1,799,622 1,305,893 988,634 780,988 540,893 Raw materials inventory Work-in-process inventory Finished goods inventory Sales Dpto, expenses General and administrative Raw materials purchases Direct labor used in production Manufacturing overhead Indirect materials Total sales 7,876, 167 678,783 433,920 1,601,566 301,122 13,788,489 TWIN PEEKS, Inc. had $13,788,489 in sales for the year ended December 31, 202X. 1. Prepare the next schedules: a. Schedule of raw materials placed in production. b. Schedule of cost of goods manufactured. C. Schedule of cost of goods sold. 2. Prepare an income statement for the year ended December 31, 202X. 3. Prepare the next income statements: a. Summarize income statement (basic). b. Detailed income statement (complete)