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