Consider the following information for Huntersville, Inc, for the fiscal year ended December 31 Depreciation expense-administrative office $ 32,000 Depreciation expense-plant and equipment 86,000 Direct labor-wages 487,000 Direct materials inventory, Dec. 31 26,000 Direct materials inventory, Jan. 1 19,000 Direct materials purchases 155,000 Finished goods inventory, Dec. 31 38,000 Finished goods inventory, Jan. 1 15,000 Heat, light, and power-plant 44,000 Indirect labor 25,000 Property taxes-plant 34,000 Sales representatives' salaries 145,000 Sales revenue 1,495,000 Factory supervisor's salary 66,000 Supplies-administrative office 16,000 Supplies-plant 29,000 Work-in-process inventory, Dec. 31 9,000 Work-in-process inventory, Jan. 1 23,000 Required Prepare a statement of cost of goods manufactured and an income statement for Huntersville for the year ended December 31, similar to those in Exhibit 3.15A