Information for Jersey Metalworks as of December 31 follows. Prepare (a) the company's schedule of cost of goods manufactured for the year ended December 31; Administrative salaries expense Depreciation expense-Factory equipment Depreciation expense-Delivery vehicles Depreciation expense-Office equipment Advertising expense Direct labor Factory supplies used Income taxes expense Indirect labor Indirect material Factory insurance Factory utilities Factory maintenance Inventories Raw materials inventory, January 1 Raw materials inventory, December 31 Work in Process inventory, January 1 Work in Process inventory, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 Raw materials purchases Rent expense-Factory Rent expense-Office space Rent expense-Selling Space Sales salaries expense Sales $ 127,000 42,800 46,200 16,800 25,530 248,000 16,000 90,050 38,000 27,000 17,500 13,000 5,500 35,000 26,000 31,780 37,460 52,970 64,000 335,000 40,000 22,000 26,000 98,500 1,552,000 Raw materials purchases Rent expense-Factory Rent expense-Office space Rent expense-Selling Space Sales salaries expense Sales Sales discounts 335,000 40,000 22,000 26,000 98,500 1,552,000 35,000 Also, -prepare the company's income statement that reports separate categories for selling and general and administrative expenses.