Income statement with supporting cost of good manufactured and sold statement from this:

Accounts receivable .............. .......$156,000

Administrative costs ... ...................240,000

Capital stock ............. . . .............600,000

Depreciation-manufacturing ...............126,000

Direct labor ... . ...... .....................410,000

Finished goods inventory, January 1 ...... 125,000

Finished goods inventory, December 31 .....96,000

Heat, light, and power'--plant .......... ...23,000

Marketing costs . ........... .......... .....247,000

Miscellaneous manufacturing costs ..........5,800

Plant maintenance and repairs ... .. .. 31,600

Property taxes-manufacturing ... ..... . . . . . 29,000

Direct materials purchase .............. .... 306,000

Direct materials inventory, January 1 ......93,000

Direct materials inventory, December 31 . .. 83,500

Sales revenue . . . .... . . . . ................... 1,948,000

Supervisory and indirect labor ..... . . . .....138,000

Supplies and indirect materials . ... . . . .....6,000

Work in process inventory, January 1 ......149,000

Work in process inventory, December 31 ...137,000