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12 Required information [The following information applies to the questions displayed below) The following calendar year-end information is taken from the December 31, 2019, adjusted
12 Required information [The following information applies to the questions displayed below) The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company Advertising expense Depreciation expense tice equipment Depreciation expense-Selling equipment Depreciation expectator quit Tactory supervision Factory supplier und Inetary utilities Inventories Raw sintetinis, December 31, 2018 Raw materiale. December 31, 2019 Work in proces, December 21 2010 Work in process. December 2009 Tinted wood, December 2016 Tinished goods, December 9, 2019 26,500 9.00 9,800 35,000 222.400 9.000 42,000 ok DATE DO Income taxespede Indirect labor Miscellaneous production Conta orice salaries expense Ia acea puree Rent expense orice space Rent expelling space Hent expone-accery bading Maintenance entory equipment Sales Sales ar apena $683,500 260,700 57.100 9.00 61,000 95.000 25,000 26,600 02, 100 35.100 4.556.500 393,700 int 26,900 180.000 26.600 2.600 101.500 140,000 Brences 2. Prepare the company's 2019 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses LEONE COMPANY Income Statement For Year Ended December 31, 2019 Cost of goods sold Goods available for sale Cost of goods sold
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