West Nautical Company Income Statement For Current Year Operating income eview the following amounts for West Nautical Company, Assume that the Raw Materials inventory contains only direct materials. The Calculation of Direct Materials Used, Schedule of ast of Geods Manufactured, and Calculation of Cost of Goods Sold can be found under the "COSTOFGOOD5SOL0" tab. Haw materials iaventory Work in process invehtory Finhhed goods ieventory Purchases of direct materials Direct labor indifect labor Acsume that the company has the following rales during the year: Use the blue shaded areas on the ENTEFANSWTAS tab for inputs. Always use cell references and formulas where apprepriate to receive full credit. If you copy/paste fram the instruction tab yeu will be marked wrong. Plequirement Erepare the income statement for West Nautical Company in for the most recent year. a. Check your spelling carefully and do not abthreriate. b. Follow the formbt in the exhibit that shows the Manufacturet's income statement