Question: Cost of goods manufactured, income statement, manufacturing company. Consider the following account balances (in thousands) for the Carolina Corporation:
![1187_12.png](https://secure.tutorsglobe.com/CMSImages/1187_12.png)
1. Prepare a schedule for the cost of goods manufactured for 2017.
2. Revenues (in thousands) for 2017 were $1,300,000. Prepare the income statement for 2017.