Given the following information,prepare in good form the cost of goods sold section of an income statement for 2013.
Definitions:
Folds
Folds are bends in rock layers or strata, resulting from compressional forces and pressure, integral to the study of structural geology and mountain building.
Iron-Ore Deposits
Concentrations of iron minerals within the Earth that can be mined and processed to extract iron metal.
Iron Formations
Geological formations composed of layered sediments and minerals, predominantly iron-rich, that were deposited in ancient oceanic and lake environments.
Sedimentary Sequences
Layers of sedimentary rocks that record the geological history of an area, often showing a progression of depositional environments.
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