University Company produces collegiate apparel. From its accounting records, it prepares the following schedule and financial statements on a yearly basis. (a) (b) (c) Cost of goods manufactured schedule. Income statement. Balance sheet. The following items are found in its ledger and accompanying data. For each item, indicate the schedule and/or financial statement(s) in which the item will appear. 1. Direct labor 2. Raw materials inventory, 1/1 3. Work in process inventory, 12/31 4. Finished goods inventory, 1/1 5. Indirect labor 6. Depreciation on factory machinery 7. Work in process, 1/1 8. Finished goods inventory, 12/31 9. Factory maintenance salaries 10. Cost of goods manufactured 11. Depreciation on delivery equipment 12. Cost of goods available for sale 13. Direct materials used 14. Heat and electricity for factory 15. Repairs to roof of factory building 16. Cost of raw materials purchases