We 01: Marks: 10 Mae general ledger and other records of Dell Manufacturing Co. on January 31, the end of the first month of operations in the current fiscal year is given below Sales $75,000 Materials inventory (January 1). 26,000 Work m process inventory (January 1) 25,000 Finished goods intentory (January 1) 35,000 Materials purchased 21,000 Direct labor cost I 20.000 Factory overhead (including $3,000 of indirect materials used and $3,000 of indirect labor cost) 12,000 Selling and administrative expenses 10,000 Inventories at January 31 Materials 25.000 Work in process 19,000 Finished goods 30,000 2. Prepare a statement of cost of goods manufactured b. Prepare the cost of goods sold section of the income statement