In the following calender year end information is taken from the December 31, 2015,adjusted trial balance and other records of Leone Company. 1. Identify and classify each of the costs above as either a product or period cost. 2.Classify each of the product costs as either direct materials, direct labor, or factory overhead. Prepare the company's 2015schedule of cost of goods manufactured. 2. Prepare the company 's 2015 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses