December 31 January 1 $313,160 563,690 $388,320 528,120 541,770 539,760 $263,670 37,280 50,090 598,010 19,800 Inventories Materials Work in process Finished goods Advertising expense Depreciation expense-office equipment Depreciation expense-factory equipment Direct labor Heat, light, and power-factory Indirect labor Materials purchased Office salaries expense Property taxes-factory Property taxes-headquarters building Rent expense-factory Sales Sales salaries expense Supplies-factory Miscellaneous costs-factory Dhairams 69,900 586,360