3. Given the following selected account balances of Delray Mfg, prepare its schedule of cost of goods manufactured for the year ended December 31, 2017. Include listing of the individual overhead account balances in the schedule. Sales.... 1,500,000 Raw material inventory December 31, 2016... 37,000 Work in process December31,2016 .. 54,000 Finished goods inventory December 31, 2016... 63,000 Advertising expense. ..94,000 rent cost of factory building....5 ,000 General and administrative expenses... .129,000 Raw material purchases 175,000 Direct labo ..225,000 Factory computer supplies used .. 17,000 Finished goods inventory December 31, 2017 ..67,000 Indirect labor 47,000 Raw material inventory December 31, 2017. Work in process December31,2017 ...41,000 42,000 4. Refer to the information in problem 3 to prepare an income statement for the Delray Mfg. (a manufacturer). Assume that its cost of goods manufactured is $534,000