Consider the following information for Huntersville Incorporated for the fiscal year ended December 31. Depreciation expenseadministrative office $ 37,950 Depreciation expenseplant and equipment 94,500 Direct laborwages 553,800 Materials Inventory, December 31 38,750 Materials Inventory, January 1 27,500 Direct materials purchases 197,500 Finished goods inventory, December 31 24,400 Finished goods inventory, January 1 16,700 Heat, light, and powerplant 49,100 Indirect labor 28,400 Property taxesplant 38,250 Sales representatives salaries 153,500 Sales revenue 1,691,000 Factory supervisors salary 68,550 Suppliesadministrative office 19,400 Suppliesplant 30,700 Work-in-process inventory, December 31 12,400 Work-in-process inventory, January 1 27,2