1 Data Table Beginning Ending 10 Inventory balances: Work-in-Process Finished Goods Other information: Sales Revenue Selling and Administrative Expenses Direct Labor Manufacturing Overhead; actual and allocated Direct Materials Used 19 17 215 94 45 17 51 Thompson Company has the following information for the year ended December 31, 2018 Click the icon to view the information.) 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 Begin by preparing a schedule of cost of goods manufactured. Thompson Company Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 in millions) Thompson Company Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 (in millions) Cost of Goods Manufactured Now prepare an income statement. Thompson Company Income Statement Year Ended December 31, 2018 (in millions) Cost of Goods Solod Year Ended December 31, 2018 (in millions) Cost of Goods Sold Gross Profit Net Income (Loss)