The Alderman Corporation has the following account balances (in millions):

Required
Prepare an income statement and a supporting schedule of cost of goods manufactured for the year ended December 31, 2013. (For additional questions regarding these facts, see the nextproblem.)

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For Specific Date For Year 2013 Direct materiats inventory, Jan. 1, 2013 $19 Purchases of direct materials Work-in-process inventory, Jan. 1, 2013 10 Direct manufacturing labor Finished goods inventory, Jan. 1, 2013 Direct materials inventory, Dec. 31, 2013 24Plant supervisory salaries Work-in-process inventory, Dec. 31, 2013Miscellaneous plant overhead Finished goods inventory, Dec. 31, 2013 54 Revenues $305 115 60 70 Depreciation-plant and equipment Marketing, distribution, and customer-service costs Plant supplies used Plant utilities Indirect manufacturing labor 30 925 235 10 34 68