Presented below is selected information from the Red Companys current period accounting records (in $000s):

Sales $12,000

Raw Materials Used 2,500

Direct Labor Costs 1,000

Period Costs (Selling and Administrative) 2,500

Beginning Raw Material Inventory 300

Ending Raw Material Inventory 1,000

Raw Materials Purchased 3,200

Beginning Work-in-Process Inventory 0

Ending Work-in-Process Inventory 300

Beginning Finished Goods Inventory 700

Ending Finished Goods Inventory 400

Applied Manufacturing Overhead 5,700

NOTE: All raw materials used were direct materials.

Required: Complete the following (in dollars):

a. Schedule of Cost of Goods Manufactured

b. Cost of Goods Sold

c. Income Statement in good form