Javier's Widget Factory started business in 2021 and had the following data available for the year: $ 10,400 13.800 350,000 Factory Rent Production Manger's Salary Factory Repair and Maintenance Direct Materials Purchased Assembly Labor Delivery Vehicle Depreciation Factory Equipment Depreciation $ 47,000 Advertising Costs 13,300 Sales Salary 1,000 Sales Revenue 31,000 President's Salary 31.900 Office Rent 500 Administrative Salaries 3.000 Indirect Materials Used 52.000 28,000 24.700 6,600 At the ending of the year Javier had the following Inventory balances: $ 8,000 Ending Direct Materials Inventory Ending Work in Process Inventory Ending Finished Goods Inventory 10,000 20,000 Javier will report $ net income for 2021