Income Statement Instructions Instructions eHTC Labels and Amount Descriptions Sales Revenue Costs Amount Sales in units Selling price 300,000 $18 Direct materials $179,000 Direct labor $495,000 Manufacturing overhead $110,000 Selling expense $435,000 Administrative expense $864,000 ogress=false Technical Factshe... Last year, beginning and ending inventories of work in process and finished goods equaled zero. Required: 1. Calculate the sales revenue for last year. 2. Prepare an income statement for Jasper for last year.