Mesa Designs produces a variety of hardware products, primarily for the do-it-yourself (DIY) market. As part of your job interview as a summer intern at Mesa, the cost accountant provides you with the following (fictitious) data for the year (in $000):

Inventory information:	1/1/00		12/31/00
Direct materials	$	49	$	56
Work-in-process		77		69
Finished goods		988		1,014

Other information:	For the year 00
Administrative costs	$	2,200
Depreciation (Factory)		2,830
Depreciation (Machines)		4,630
Direct labor		6,600
Direct materials purchased		5,160
Indirect labor (Factory)		1,680
Indirect materials (Factory)		490
Property taxes (Factory)		190
Selling costs		1,080
Sales revenue		30,610
Utilities (Factory)		540

Required:

Prepare the income statement with a supporting cost of goods sold statement.