Indirect factory labour		$5,210
Direct materials used		250,000
Work in process (1/1/2022)		31,300
Work in process (12/31/2022)		25,800
Finished goods (1/1/2022)		35,400
Finished goods (12/31/2022)		29,100
Factory utilities		41,700
Depreciation, factory equipment		35,000
Direct labour		304,700
Indirect materials		22,400
Factory managers salary		63,900
Selling and administrative expenses		346,800
Net sales		1,246,000
Factory machinery rent		42,700

Please complete the income statement. Thanks.

CullumberCorporation Income Statement Year Ended December 31, 2022 V Net Sales $ 1246000 $ Net Income /(Loss) $