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Please help with this adjusted trail balance. Thank you. Required information {the following information applies to the questions displayed below] The following calendar year-end information

Please help with this adjusted trail balance. Thank you.

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Required information {the following information applies to the questions displayed below] The following calendar year-end information is taken from the December 31, 2019, adjusted trial palanoe and other reoords of Leone Company. Advertising expense Depreciation expenseOffice equipment Depreciation expenseSelling equipment Depreciation expenseFactory equipment Factory supervision Factory supplies used Factory utilities Inventories Raw materials, December 31, 2010 Raw materials, December 31, 2019 Work in process, December 31, 2019 Work in process, December 31, 2019 Finished goods, December 31, 2010 Finished goods, December 31, 2019 $ 20,000 3,200 9,000 38,600 145,200 0,000 37,000 150,500 105,000 15,000 24,900 163,?00 135,000 Direct labor $ E?B,100| Income taxes expense 232,300 Indirect labcr 53,300| Miscellaneous production costs 9,500 Office salaries expense 63,000| Raw materials purchases 964,000 Rent expenseOffice space 27,000| Rent expenseSelling space 23,200 Rent expenseFactory building 01,000| Maintenance expenseFactory equipment 36,000 Sales 4,565,200l Sales salaries expense 393,500 J 2. Prepare the company's 2019 income statement that reports separate categories for {a} selling expenses and (In) general and administrative expenses. 2. Prepare the company's 2019 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses. LEONE COMPANY Income Statement For Year Ended December 31, 2019 Cost of goods sold Goods available for sale 0 Cost of goods sold O 0 Operating expenses Selling expenses Total selling expenses 0 General and administrative expensesOperating expenses Selling expenses Total selling expenses 0 General and administrative expenses Total general and administrative expenses 0 Total operating expenses 0 Income before taxes 0 Net income 0

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