Following are the selected account balances of Delray Mfg: 1,153,000 $ Sales 39,000 54,400 65,500 172,100 237,000 16,500 53,000 5,250 53,000 109,000 127,000 43,900 39,600 66,000 Raw materials inventory, Dec. 31, 2014 Work in process inventory, Dec. 31, 2014 Finished goods inventory, Dec. 31, 2014 Raw materials purchases Direct labor Factory computer supplies used Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, Dec. 31, 2015 Work in process inventory, Dec. 31, 2015 Finished goods inventory, Dec. 31, 2015 Prepare an income statement for Delray Mfg (a manufacturer). Assume that its cost of goods manufactured is $546,750 DELRAY MEG Next Prev 6 of 6 Prepare an income statement for Delray Mfg (a manufacturer). Assume that its cost of goods manufactured is $546,750. DELRAY MFG. Income Statement For Year Ended December 31, 2015 Cost of goods sold Cost of goods available for sale 0 Cost of goods sold 0 Operating expenses Total operating expenses 0 Operating income 0