I need help trying to figure out how to do this problem. I have looked in my textbook to see how to do this problem and I am having trouble.

The following data pertain to Babor Company for the fiscal year ended December 31: Prior December 31 Current December 31

Purchases of materials $ 197,500

Direct labor 130,250

Indirect labor 51,500

Factory insurance 9,300

Depreciationfactory 36,250

Repairs and maintenancefactory 14,900

Marketing expenses 148,550

General and administrative expenses 87,950

Materials inventory $ 29,500 64,750

Work-in-Process inventory 16,250 18,600

Finished Goods inventory 18,300 24,400

Sales in the current year were $660,000.

Required: Prepare a schedule of cost of goods manufactured and an income statement for the current year for Babor Company.