Use the following to answer questions A-D: The following data (in thousands of dollars) have been taken from the accounting records of Wingit Corporation for the year just ended. Sales: Raw materials inventory, beginning Raw materials inventory, ending $990 $55 $82 Purchases of raw materials Direct labour Manufacturing overhead $138 $212 $247 Administrative expenses Selling expenses Work-in-process inventory, beginning $150 $140 $76 6 Work-in-process inventory, ending Finished goods inventory, beginning $50 $128 Finished goods inventory, ending $173 *SHOW ALL WORK* A. What was the cost (in thousands of dollars) of the raw materials used in production during the year? B. What was the cost of goods manufactured (finished) for the year (in thousands of dollars)? C. What was the cost of goods sold (in thousands of dollars) for the year?\ D. What was the net income (in thousands of dollars) for the year