Problem $2-65($Algo$)$ Prepare Statements for a Manufacturing Company $($LO $2-2,4)$

East Ferry Tool & Die, a manufacturer of parts for agricultural equipment, provides the following financial information for the most

recent fiscal year $($all costs are in thousands of dollars$)$:

Required:

a$.$ Prepare a cost of goods sold statement.

b$.$ Prepare an income statement.

Complete this question by entering your answers in the tabs below.

Prepare a cost of goods sold statement.

Note: Enter your answers in thousands of dollars $($i$.$e$.,234,000$ should be entered as $234).$