Using the information below, prepare an abridged income statement, a schedule of cost of goods sold, and a schedule of finished goods manufactured. The following balances are from the accounts of Earthly Productions Corp: Direct materials purchased $523,000 Bonds Payable $500,000 January 1 December 31 Supervisors salaries $91,000 Sales $1,000,000 Work-in-process inventory $29,000 $18,000 Direct labor $470,000 Operating expenses $140,000 Finished goods inventory 28,000 32,000 Factory maintenance $28,000 Indirect materials $19,000 Direct materials inventory 47,000 31,000