Shaffer Company has the following information for the year ended December 31, 2016. Use the information to prepare a schedule of cost of goods manufactured and an income statement. Assume no indirect materials are used and all amounts are shown in millions.

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Beginning Ending $8 S 9 19 Inventories: Raw Materials Work-in-Process Finished Goods Other information: Sales Revenue Selling and Administrative Expenses Direct Labor Manufacturing Overhead; actual and allocated Materials Purchases 14 S228 64 46 16 25