I just need help with the last question

Part One: Begin by calculating the cost of goods sold for the year. Pricilla's Posies Calculation of Cost of Goods Sold For the Year Ended December 31, 2019 Beginning inventory $ 12,800 Plus: Purchases 35,500 Cost of goods available for sale 48,300 Less: Ending inventory 9,300 $ 39,000 Cost of goods sold Now prepare an income statement for Pricilla's Posies, a merchandiser, for the year ended December 31, 2019. Pricilla's Posies Income Statement For the Year Ended December 31, 2019 Sales revenue $ 51,000 Less: Cost of goods sold 39,000 12,000 Gross profit Less: Operating expenses Sales commissions expense $ 4,900 Rent expense 4,400 Utilities expense 1,000 10,300 $ Operatina income 1,700 Part Two: Requirement 1. Calculate the cost of Goods Manufactured for Floral Mart Manufacturing for the year ended December 31, 2020. Begin by calculating the direct materials used during the year. Floral Mart Manufacturing Calculation of Direct Materials Used For the Year Ended December 31, 2020 Beginning raw materials inventory $ 15.000 39,000 Plus: Purchases of direct materials Materials available for use 54,000 Less: 9,500 Ending raw materials inventory Direct materials used $ 44,500 Begin by calculating the direct materials used during the year. Floral Mart Manufacturing Calculation of Direct Materials Used For the Year Ended December 31, 2020 Beginning raw materials inventory $ 15,000 39,000 Plus: Purchases of direct materials Materials available for use 54,000 Less: Ending raw materials inventory 9,500 $ Direct materials used 44,500 Calculate the cost of Goods Manufactured for Floral Mart Manufacturing for the year ended December 31, 2020. (I in the appropriate cell.) Floral Mart Manufacturing Calculation of Cost of Goods Manufactured $ 0 For the Year Ended December 31, 2020 Beginning work in process inventory Plus: Manufacturing costs incurred Direct materials used $ 44,500 Direct labor 27,000 14,750 Manufacturing overhead Total manufacturing costs to account for 86,250 Less: Ending work in process inventory 6,000 Cost of goods manufactured $ 80,250 Begin by calculating the cost of goods sold for the year. (For accounts with a $0 balance, make sure to Floral Mart Manufacturing Calculation of Cost of Goods Sold For the Year Ended December 31, 2020 Beginning finished goods inventory $ 0 80,250 Plus: Cost of goods manufactured Cost of goods available for sale 80,250 Less: Ending finished goods inventory 3,500 $ Cost of goods sold 76,750 Prepare an income statement for Floral Mart Manufacturing for the year ended December 31, 2020. Floral Mart Manufacturing Income Statement For the Year Ended December 31, 2020 Sales revenue $ 109,000 76,750 32,250 Less: Cost of goods sold Gross profit Less: Operating expenses Customer service hotline expense Sales salary expense $ $ 1,600 4,500 Delivery expense 1,800 7,900 Operating income $ 24,350 Requirement 3. How does the format of the income statement for Floral Mart Manufacturing differ from the income statement of Pricilla's Posies? In contrast, a merchandiser's cost of goods sold is based on its A manufacturer's cost of goods sold is based on its cost of goods manufactured. merchandise purchases. Part Three: Requirement 1. Show the ending inventories that would appear on the balance sheet of Pricilla's Posies at December 31, 2019. (If an input field is not used in the statement leave the input field empty; do not select a label or enter a zero.) Pricilla's Posies Balance Sheet (Partial) December 31, 2019 9,300 Finished goods inventory Raw materials inventory 15000 Work in process inventory 19300 Data Table X Data Table On December 31, 2019, her accounting records show the following: At the end of December 2020, her accounting records show the following: Sales revenue.. Utilities for plant $ 4,100 $ 51,000 $ 1,000 Utilities for shop Delivery expense.. $ 1,800 $ 9,300 Sales salaries expense $ 4,500 Inventory on December 31, 2019 Inventory on January 1, 2019. Rent for shop $ 12,800 $ 1,250 $ 4,400 $ 6,000 Plant janitorial services.. Work in process inventory, December 31, 2020 ... Finished goods inventory, December 31, 2019 Finished goods inventory, December 31, 2020 Sales commisions $ 4,900 $ 0 Purchases of merchandise $ 35,500 $ 3,500 $ 109,000 Sales revenue... Customer service hotline expense Print Done $ 1,600 $ 27,000 Direct labor $ 39,000 merchandise purchases. $ 9,400 Direct material purchases Rent on manufacturing plant.. Raw materials inventory, December 31, 2019 Raw materials inventory, December 31, 2020 Work in process inventory, December 31, 2019 $ 15,000 statement leave the input field empty; do not select a label or $ 9,500 $ 0 Part Three: Show the ending inventories that would appear on these balance sheets: i (Click the icon to view additional information.) Part One: In 2018, Pricilla Snyder opened Pricilla's Posies, a small retail shop selling floral arrangements. Part Two: Pricilla's Posies was so successful that Pricilla decided to manufacture her own brand of floral E: (Click the icon to view the records.) supplies: Floral Mart Manufacturing. Read the requirement (Part One). (Click the icon to view the records.) Read the requirements (Part Two). Prepare an income statement for Floral Mart Manufacturing for the year ended December 31, 2020. More Info Floral Mart Manufacturing Income Statement - X For the Year Ended December 31, 2020 Sales revenue $ 109,000 1. 2. Pricilla's Posies at December 31, 2019 Floral Mart Manufacturing at December 31, 2020 76,750 Less: Cost of goods sold Gross profit 32,250 Print Done Less: Operating expenses Customer service hotline expense $ 1.600