Cost of Goods Manufactured, and Sold Protero Co. has the following inventory account balances: DM inventory...

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Cost of Goods Manufactured, and Sold Protero Co. has the following inventory account balances: DM inventory WIP FG DM purchased DL Insurance for plant Depreciation for equipment in plant Repairs to plant Marketing Administration Beg. 2022 $ End.2022 48,000 $ 58,000 38,000 40,000 36,000 41,000 80,000 22,000 17,000 14,000 12,000 80,000 25,000 PREPARE: 1) a schedule of COGM for 2022 2) revenues are 50 million. Prepare Protero Co. Net income statement. 3) please indicate on your responses in COGM and COGS where we see RM, WIP, and FG movements. Cost of Goods Manufactured, and Sold Protero Co. has the following inventory account balances: DM inventory WIP FG DM purchased DL Insurance for plant Depreciation for equipment in plant Repairs to plant Marketing Administration Beg. 2022 $ End.2022 48,000 $ 58,000 38,000 40,000 36,000 41,000 80,000 22,000 17,000 14,000 12,000 80,000 25,000 PREPARE: 1) a schedule of COGM for 2022 2) revenues are 50 million. Prepare Protero Co. Net income statement. 3) please indicate on your responses in COGM and COGS where we see RM, WIP, and FG movements.