Mason Company provided the following data for this year: Prepare an income statement

Mason Company provided the following data for this year: $ 83,000 $ 48,000 Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in Actual manufacturing overhead costs process $ 656,000 $ 136,000 $ 105,000 $ 225,000 $ 207,000 Inventories Raw materials Work in process Finished goods Beginning $ 8,700 $ 5,000 $ 73,000 Ending $ 10,700 $ 21,000 $ 25,700