Problem $1$: Income Statement and Supporting Schedules. The following financial information is for Caravelli Company.

$($Note that the most current financial information is presented in the first column.$)$

Of the total raw materials placed in production for the year, $$36,000$ was for indirect materials. The company had

$$3,795,000$ in sales for the year ended December $31,2019.$ The company also had the following costs for the year:

Required:

$.$ Prepare a schedule of raw materials placed in production for the year ended December $31,2019.$

$.$ Prepare a schedule of cost of goods manufactured for the year ended December $31,2019.$

:$.$ Prepare a schedule of cost of goods sold for the year ended December $31,2019.$

:$.$ Prepare an income statement for the year ended December $31,2019.$