Please read the instruction carefully

QUESTION I (12 MARKS) Extrema Company supplied the following data for January 2022. Purchase of materials Materials inventory (beginning balance) Materials inventory (ending balance) Materials used Direct labour Factory supervision Factory supplies Total manufacturing costs Work in process inventory (beginning balance) Work in process inventory (ending balance) Cost of goods manufactured Sales Selling expenses Administrative expenses Finished goods inventory (beginning balance) Finished goods inventory (ending balance) Cost of goods sold Operating income $ 5.000 A 1,000 B 7,000 1,500 1,250 15,500 1.200 14,600 37,500 4,000 E 4,500 5,000 D 8,700 1 Required: Solve for the missing amounts (A, B, C, D, E), by present the above information in the following properly classified financial statements: (a) Statement of cost of goods manufactured (b) Statement of cost of goods sold (c) Income statement (Highlight/label the solved missing amounts clearly in the financial statements.)