[LO 3-4] 3-56 Cost of Goods Manufactured; Income Statement Consider the following information for Huntersville, Inc., for the fiscal year ended December 31. Depreciation expense-administrative office Depreciation expense plant and equipment Direct laborwages Direct materials inventory, Dec. 31 Direct materials inventory, Jan. 1 Direct materials purchases Finished goods inventory, Dec. 31 Finished goods inventory, Jan. 1 Heat, light, and powerplant Indirect labor Property taxesplant Sales representatives' salaries Sales revenue Factory supervisor's salary Supplies-administrative office Suppliesplant Work-in-process inventory, Dec. 31 Work-in-process inventory, Jan. 1 $ 32,000 86,000 487,000 26,000 19,000 155,000 38,000 15,000 44,000 25,000 34,000 145,000 1,495,000 66,000 16,000 29,000 9,000 23,000 Required Prepare a statement of cost of goods manufactured and an income statement for Huntersville for the year ended December 31, similar to those in Exhibit 3.15A