10 Required information [The following information applies to the questions displayed below The following data refer to Twisto Pretzel Company for the year 20x1 Part 3 of3 2 points $ 8,100 13,600 3, 600 8,200 14,000 7,000 4,900 2,100 10,100 2,400 15, 400 39,000 6,000 Work-in-process inventoryY, 12/31/x0 Skippedselling and administrative salaries Insurance on factory and equipment Work-in-process inventory, 12/31/x1 Finished-goods inventory, 12/31/x0 Cash balance, 12/31/x1 Indirect material used Depreciation on factory equipment Raw-material inventory, 12/31/x0 Property taxes on factory Finished-goods inventory, 12/31/x1 Purchases of raw material in 20x1 Utilities for factory Utilities for sales and administrative offices Other selling and administrative expenses Indirect-labor cost incurred Depreciation on factory building Depreciation on cars used by sales personnel Direct-labor cost incurred Raw-material inventory, 12/31/xl Accounts receivable,12/31/xl Rental for warehouse space to store raw material Rental of space for company president's office Applied manufacturing overhead Sales revenue eBook Print Reference 2,400 3,600 29,000 3,600 1,200 79,000 11,000 4,200 3,000 1,600 58,000 209,800 5,100 Income tax expense 3. Prepare the company's income statement for 20x1. TWISTO PRETZEL COMPANY Income Statement 0 Selling and administrative ex nses Total 0 0 0