Inventories Materials Work in process January 1 December 31 $289,980 $359,580 521,960 489,030 Finished goods Advertising expense Depreciation expense-office equipment Depreciation expense-factory equipment Direct labor 501,670 499,820 $244,150 34,520 46,390 553,750 Heat, light, and power-factory Indirect labor Materials purchased 18,340 64,720 542,970 Office salaries expense 189,500 Property taxes-factory 15,100 Property taxes-headquarters building 31,280 Rent expense-factory 25,530 Sales 2,542,230 Sales salaries expense Supplies-factory Miscellaneous costs-factory 312,120 12,590 7,910