You and a fellow student are arguing about the “value” of Chapter 27. She says that the chapter is mostly review. The work sheet and financial statements were fully covered in Chapter 15. Chapter 27 is a similar story with some cosmetic differences. You have just begun an impressive defense of Chapter 27 when your professor overhears the argument and decides to give the entire class the following assignment. Prepare a report describing (1) the ways in which the manufacturer’s work sheet differs from the merchandiser’s and (2) the differences between the merchandiser’s financial statements in Chapter 15 and the manufacturer’s financial statements in Chapter 27.