2-38. COST OF GOODS MANUFACTURED, INCOME STATEMENT, MANUFACTURING COMPANY. Consider the following account balances (in thousands) for the Peterson Company: \begin{tabular}{|l|c|c|} \hline \multicolumn{1}{|c|}{ Peterson Company } & Beginningof20XX & End of 20XX \\ \hline Direct materials inventory & $21,000 & $23,000 \\ \hline Work-in-process inventory & $26,000 & $25,000 \\ \hline Finished-goods inventory & $13,000 & $20,000 \\ \hline Purchases of direct materials & & $74,000 \\ \hline Direct manufacturing labor & & $22,000 \\ \hline Indirect manufacturing labor & & $17,000 \\ \hline PlantinsuranceDepreciation-plant,building,andequipment & & $7,000 \\ \hline Repairsandmaintenance-plant & & $11,000 \\ \hline Marketing,distribution,andcustomer-servicecosts & & $3,000 \\ \hline Generalandadministrativecosts & & $24,000 \\ \hline Revenues & & $310,000 \\ \hline \end{tabular} Cost of direct materials available for use Direct materials used Total indirect manufacturing costs (manufacturing overhea Manufacturing costs incurred during 20XX Total manufacturing costs to account for Work in Process (Subtotal) [Choose]$115,000$72,000$158,000$69,000$132,000$95,000$184,000$38,000$146,000$126,000$133,000 Cost of goods manufactured Cost of goods available for sale Cost of goods sold Gross margin Total operating (period) costs Operating income / Net Income (Loss) Before Taxes