Outdoor Fashions is a manufacturer of backyard and deck furniture. Its products are in high demand and carries no inventory. Following is a list of selected account balances from its trial balance for the most recent year ended December 31 (in no particular order) (Click the icon to view the December 31 count balances) Read the requirements Soos revenue Less Cost of goods sold Stin Wood Indirect labor costs Other manufacturing overhead Less Choose from any list or enter any number in the input fields and then click Check Answer Question Help December 31 Account Balances Following is a list of seed chances from its for the mattended 0 Requirements $ $ $ $ Using the income statement accounts in the table, calculate 1. Cost of goods sold. Hint Cost of goods sold can be calculated by summing the total product costs since there is no inventory 2. Operating expenses. Hint Operating expenses are the company's period costs. Gross proft 4. Operating income Salaries and wages for administrative and sales stal) Stain (used in manufacturing furniture) Indirect labor costs (wages of maintenance workers in factory) Other manufacturing overhead (includes factory insurance and property taxes) Rent and utilities for administrative offices) Unity costs related to factory). Labor costs (wages of operers who build umure) Accounts receivable Marketing costs Wood (used in manufacturing furniture) Sales revenues Accounts payable $ $ $ 33.000 12000 18.500 9,700 12,400 10,500 38.000 26.600 16,500 58.500 200.000 6.500 $ Print Done $ $ $ Print Done