Certain item descriptions and amounts are missing from the monthly schedule of cost of goods manufactured and income statement of Chili Manufacturing Company. Fill in the blanks with the missing words, and replace the Xs with the correct amounts.

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CHILI MANUFACTURING COMPANY June 30, 2016 Beginning S 21,000 Direct Beginning Raw Materials Inventory Purchases of Raww Materials 58,000 84,000 (24,000) Ending Raw Materials Inventory Manufacturing Overhead Total 40,000 Costs Costs 171,000 Ending (23,000) CHILI MANUFACTURING COMPANY June 30, 2016 Sales Revenue Cost of Goods Sold: Beginning 112,000 Cost of Goods Ending Cost of Goods Sold 212,000 298,000 Gross Profit Selling Expenses Administrative Expenses 95,000 156,000 Income