Zoe Corporation has the following information for the month of March: Purchases Materials inventory, March 1 Materials inventory, March 31 Direct labor Factory overhead Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 $92,000 6,000 8,000 25,000 37,000 22,000 23,500 21,000 30,000 257,000 79,000 Sales Sales and administrative expenses a. Prepare a statement of cost of goods manufactured. Zoe Corporation Statement of Cost of Goods Manufactured For the Month Ended March 31 Direct materials: Direct materials: Cost of direct materials used Total manufacturing costs incurred Total manufacturing costs s Cost of goods manufactured b. Prepare an income statement for the month ended March 31. Zoe Corporation Income Statement For the Month Ended March 31 Cost of goods sold: DID Cost of goods sold Gross profit Operating expenses: c. Prepare the "inventory" section of the balance sheet. Zoe Corporation Balance Sheet March 31 Inventories: Finished goods S Work in process Materials c. Prepare the "inventory" section of the balance sheet. Zoe Corporation Balance Sheet March 31 Inventories: Finished goods Work in process Materials Total inventories