Create a GAAP income statement (through operating income) with the information below:

Depreciation expense - administrative	$30,000
Depreciation expense - plant & equipment	$80,000
Direct labor - wages	$350,000
Direct Material Purchases	$100,000
Direct materials inventory, Dec 31, 2013	$30,000
Direct materials inventory, Jan 1, 2013	$20,000
Finished Goods inventory, Dec. 31, 2013	$40,000
Finished Goods inventory, Jan. 1, 2013	$35,000
Heat, light and power - plant	$12,000
Indirect labor - wages	$5,000
Property Taxes - plant	$13,000
Sales representative salaries	$190,000
Sales Revenue	$1,000,000
Supervisor's salary - plant	$40,000
Supplies - plant	$4,000
Supplies, Administrative office	$6,000
Work-in-process inventory, Dec. 31, 2013	$25,000
Work-in-process inventory, Jan 1, 2013	$35,000