The following information is available for Robstown Corporation for 20Y8: Inventories January 1 December 31 Materials $78,650 $93,450 Work in process 108,000 96,000 Finished goods 114,750 109,800 December 31 Advertising expense $ 68,600 Depreciation expense-office equipment 21,250 Depreciation expense-factory equipment 14,640 Direct labor 185,050 Heat, light, and power-factory 5,250 Indirect labor 23,600 Materials purchased 124,800 Office salaries expense 76,900 Property taxes-factory 4,080 Property taxes-office building 13,250 Rent expense-factory 6,925 Sales 863,000 Sales salaries expense 137,500 Supplies-factory 3,250 Miscellaneous costs-factory 5,760 Required: a. Prepare the 20Y8 statement of cost of goods manufactured. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. b. Prepare the 20Y8 income statement. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Net loss should be negative. Expenses should be positive.