Question: income statement as well Part B - Question 1C Prepare the income statement for 2021 ( 6.5 marks available). answer the begin{tabular}{|l|l|} hline Indirect labor

Part B - Question 1C Prepare the income statement for 2021 ( 6.5 marks available). answer the \begin{tabular}{|l|l|} \hline Indirect labor & 15,000 \\ \hline Other manufacturing overhead & 80,000 \\ \hline Work in process inventory, December 31 & 30,000 \\ \hline Work in process inventory, January 1 & 40,000 \\ \hline Finished goods inventory, December 31 & 50,000 \\ \hline Finished goods inventory, January 1 & 20,000 \\ \hline \end{tabular}
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