Please see the image attached and the question is below.

Annapolis Clothing Company manufactures quality boating attire. The following selected financial information for the fiscal year 2018 is provided: Item Sales Cost of Goods Manufactured Direct Material Purchased Factory Overhead Work in Process - January 1 Work in Process - December 31 Direct Material - December 31 Finished Goods Inventory - December 31 Net Income Direct Materials used Cost of Goods Sold Amount $200,000 50,000 80,000 20,000 60,000 30,000 20,000 52,000 30,000 60,000 52,000