ises i Saved Help Save & Exit Submit Check my'work The following balances are from the accounts of Tappan Parts: January 1 (Beginning) $ 22,500 32,700 5,800 December 31 (Ending) $ 25,200 29,300 7,300 Direct materials inventory Work-in-process inventory Finished goods inventory Direct materials used during the year amount to $46,300 and the cost of goods sold for the year was $53,200. Required: Prepare a cost of goods sold statement TAPPAN PARTS Cost of Goods Sold Statement For the Year Ended December 31 On-Scre