The Powell Corporation has the following account balances (in millions):

Required
Prepare a statement of comprehensive income and a supporting schedule of cost of goods manufactured for the year ended December 31, 2016.

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For Specific Date For Year 2016 $ 390 120 96 Direct materials, January 1, 2016 Work in process, January 1, 2016 Finished goods, January 1, 2016 Direct materials, December 31,2016 Work in process, December 31, 20165 Finished goods, December 31, 2016 55 $15 10 70 20 Purchases of direct materials Direct manufacturing labour Depreciation-plant building and equipment Plant supervisory salaries Miscellaneous plant overhead 42 1,140 288 Marketing, distribution, and customer-service costs Plant supplies used Plant utilities Indirect manufacturing labour 12 36 60