At the beginning of 2017, EZ Tech Company's Accounts Receivable balance was $125,000, and the balance in Allowance for Doubtful Accounts was $2,150. EZ Tech's sales in 2017 were $940,000, 80% of which were on credit. Collections on account during the year were $600,000. The company wrote off $4,000 of uncollectible accounts during the year. Required:
Identify and analyze the sales during 2017.

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.