1. Prepare the companys 2017 schedule of cost of goods manufactured

2. Prepare the companys 2017 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses.

Required Information The following information applies to the questions displayed below] The following calendar year-end information Is taken from the December 31, 2017, adjusted trial balance and other records of Leone Company $681,98 245,000 58, 204 10,480 73,ee 976,000 29,ee 26,0ee 404 , 37,280 4,576,7e 398,800 Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory utilities 29,6e0 Direct labor 11.400 Incone taxes expense 9,7e0 Indirect labor 37,480 Miscellaneous production costs 134,080 Office salaries expense 8,600 Raw materials purchases 44,08e Rent expense-0ffice space Rent expense-Selling space Inventories Raw materials, December 31, 2816 Raw materials, December 31, 2017 152,300 Rent expense-Factory building 189,000 Maintenance expense-Factory equipnent 19,7ee Sales 24,600 Sales salaries expense 168,78e Work in process, December 31, 2016 Work in process, December 31, 2017 Finished goods, December 31, 2016