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I need help with preparing the company's 1) manufacturing statement 2) income statement Input values Jordan Revenues and Expenses (as of December 31, 2016) Advertising

I need help with preparing the company's 1) manufacturing statement 2) income statement

Input values

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Jordan Revenues and Expenses (as of December 31, 2016) Advertising expenses $25,875 Depreciation-Office equipment $6,525 Depreciation-Sales equipment $7,740 Depreciation-Facility equipment $30,195 Facility supervision $92,340 Facility supplies $6,615 Facility utilities $29,700 Raw material as of December 31, 2017 $150,165 Raw material as of December 31, 2016 $163,800 Work in progress (WIP) as of December 31, 2017 $14,130 Inventories Work in progress (WIP) as of December 31, 2016 $17,442 Finished goods as of December 31, 2017 $150,615 Finished goods as of December 31, 2016 $122,841 Direct labor $607,932 Income tax $210,353 Indirect labor $51, 188 Miscellaneous production costs $7,583 Office salaries expense $56,700 Raw material purchases $832,500 Rent-Office space $19,800 Rent-Selling space $23,490 Rent-Factory building $69,120 Maintenance-Facility equipment $31,860 Sales $4,072,500 Sales discounts $56,250 Sales salaries expense $353,304Complete the table below to prepare the company's 2016 manufacturing statement. Jordan Manufacturing Statement (for the year ended December 31, 2016) Direct materials Raw materials inventory, December 31, 2017 Raw materials purchases Raw materials available for use Less raw materials inventory, December 31, 2016 Direct materials used Direct labor Factory overhead Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory utilities Indirect labor Miscellaneous production costs Rent expense-Factory building Maintenance expense-Factory equipment Total factory overhead costs Total manufacturing costs Work in progress inventory, December 31, 2017 Total cost of goods in process Less work in progress inventory, December 31, 2016 Cost of goods manufacturedComplete the table given below to prepare the company's 2016 income statement. Jordan Income Statement (for the year ended December 31, 2016) Sales Less sales discounts Net sales Cost of goods sold: Finished goods inventory, December 31, 2017 Cost of goods manufactured Goods available for sale Less finished goods inventory, December 31, 2016 Cost of goods sold Gross profit from sales Operating expenses: Selling expenses: Advertising expense Depreciation expense-Sales equipment Rent expense-Selling space Sales salaries expense Total selling expenses General and administrative expenses: Depreciation expense-Office equipment Office salaries expense Rent expense-Office space Total general and administrative expenses Total operating expenses Income before state and federal taxes Income taxes expense Net income

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