December 31 Account Balances 37,000 Salaries and wages (for administrative and sales staff. 10,000 Stain (used in manufacturing furniture) 19,000 Indirect labor costs (wages of maintenance workers in factory) 9,600 Other manufacturing overhead (includes factory insurance and property taxes) 11,900 Rent and utilities (for administrative offices) 11,000 Utility costs (related to factory). .. 38,000 $ Labor costs (wages of carpenters who build furniture) 27,200 $ Accounts receivable $ 16,500 Marketing costs 58,500 $ Wood (used in manufacturing furniture). 330,000 Sales revenues. 7,200 Accounts payable.. Done Print UeheAL questiO pat eas annd heTT Con A A Backyard Style is a manufacturer of backyard and deck fumiture. Its products are in high demand and it carries no inventory, Following is a ist of selected account balances from its trial balance for the most recent year ended December 31 (in no particular order.) EmClick the icon to view the December 31 account balances.) Read the requirements. Requirement 1, 2, 3, and 4. To solve for the amounts required, prepare the income statement for Backyard Style for the year ended December 31. Backyard Style Income Statement For the Year Ended December 31 Less: Choose from any list or enter any number in the input fields and then continue to the next question (Click the icon to view the December 31 account balances.) Read the requirements. Less: Choose from any list or enter any number in the input fields and then continue to the next