Based on the following information, prepare a cost of goods manufactured statement. Material purchases Factory labor Manufacturing overhead Materials inventory (beginning) Materials inventory (ending) Freight-in, Materials Selling expenses General and administrative expenses Work in process inventory (beginning) Work in process inventory (ending) $90,000 $60,000 $30,000 $25,000 $10,000 $ 5,000 $85,000 $30,000 $15,000 $20,000