$ 32,000 Corporatio Materials inventory, January 1 Materials inventory, December 31 Work-in-process inventory, January 1 Work-in-process inventory, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 Net delivered cost of materials purchased Direct labor.. Indirect materials Indirect labor... Factory supplies used. Factory depreciation. 22,000 34,000 45,000 21,000 18,000 210,000 190,000 13,000 25,000 12,000 78,000 28,000 63,000 Factory repairs and maintenance. 57,000 Selling expenses (total) Non-factory administrative expenses (total). cad nem E2-10B. Income Statement Kelly Metal Products Corporation (see E2-6B) sold 18,000 units of product for $40 each during 2019. During the year, 10,000 shares of common stock were outstanding. Prepare an income statement for the year (ignore income taxes). Calculate earnings per share. E2-11B. Entries for Product Cost Flow The following transactions occurred during February 2019 for