6 ! Required information The following selected account balances are provided for Delray Mfg. Part 2 of 2 1 points eBook Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Dires labor Factory supplies used indirect materials) Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending 1,108,000 45,000 54,000 61,000 181,600 242,800 22,900 57,000 5,250 59,800 83,000 127,000 44,800 48,000 74,700 Hint ACK References Prepare an income statement for Delray Mfg. (a manufacturer). 6 Prepare an income statement for Delray Mfg. (a manufacturer). Port 2 of 2 DELRAY MFG. Income Statement For Year Ended December 31, Year 1 1 points Cost of goods sold eBook Hint AK Cost of goods available for sale References Cost of goods sold Operating expenses Total operating expenses Operating income