XLA Manufacturing Company makes camping equipment. Prepared the following based on the data below:
a.	Prepare a statement of cost of goods manufactured in 2021
b.	Prepare an Income Statement for 2021
	Accounts		Balances
	Advertising Expense		11,500
	Delivery Expense		7,400
	Depreciation-Factory Building	8,600
	Depreciation-Factory Equipment	6,250
	Direct Labor		285,600
	Freight in		8,900
	Income Tax Expense		6,495
	Indirect Labor		42,600
	Indirect Materials and Supplies	5,100
	Insurance-Factory		18,000
	Materials Purchases		360,660
	Materials Purchases Discounts	21,050
	Miscellaneous Selling Expenses	24,500
	Office Salaries Expense		55,000
	Office Supplies		29,500
	Other administrative Expenses	4,800
	Payroll Taxes Expense-Administrative	23,500
	Payroll Taxes Expense-Selling	19,500
	Property Taxes-Factory		9,700
	Repairs and Maintenance-Factory	5,200
	Sales		2,050,500
	Sales Discounts		150,200
	Sales Returns and Allowances	33,300
	Sales Salaries Expense		165,000
	Travel and Auto - Selling Expense	5,200
	Insurance -Office		6,800
	Freight out		156,800
	Utilities-Factory		23,080
		January 1, 2021	December 31, 2021
	Inventory Data	20,500	35,800
	Finished Goods Inventory	24,500	16,800
	Work in Process Inventory	33,550	29,400
	Raw Materials Inventory	12,500	18,500