i Data Table Ending Balances: Direct Materials Work-in-Process Inventory Finished Goods Inventory Other information Direct materials purchases Plant janitorial services Sales salaries Delivery costs Net sales revenue Utilities for plant Rent on plant Customer service hotline costs Direct labor Beginning $ 13,800 10,000 3,000 5,400 $ 30,000 500 5,000 1,900 111,000 1,500 13,000 1,700 16,000 Print Done Lasting Treats Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 Beginning Work-in-Process Inventory Direct Materials Used: Beginning Raw Materials Inventory Purchases of Raw Materials Raw Materials Available for Use Ending Raw Materials Inventory Direct Materials Used Direct Labor Manufacturing Overhead Plant janitorial services Utilities for plant Rent on plant Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory Cost of Goods Manufactured 0 13800 30000 43800 10000 33800 16000 500 1500 13000 15000 64800 64800 3000 61800 Requirement 2. Prepare an income statement for Lasting Treats for the year ended December 31, 2018. (For accounts with a $0 balance, make sure to enter "O" in the appropriate column.) Lasting Treats Income Statement Year Ended December 31, 2018 Revenue Cost of Goods Sold: Cost of Goods Sold Gross Proft Selling and Administrative Expenses Total Selling and Administrative Expenses Operating Income