Please want help on question 18-3 the second one (income statement )

The following calendar year-end information is taken from the December 31, 2015, adjusted trial balance and other records of Leone Company. Problem 18-2A Classifying costs C2 C3 Advertising expense Depreciation expense Office equipment .... Depreciation expense-Selling equipment .... Depreciation expense Factory equipment ... Factory supervision Factory supplies used Factory utilities Direct labor. Indirect labor $ 28,750 Miscellaneous production costs 7,250 Office salaries expense 8,600 Raw materials purchases 33.550 Rent expense Office space 102,600 Rent expense-Selling space 7,350 Rent expense-Factory building - 33,000 Maintenance expense-Factory equipment 675,480 Sales 56,875 Sales salaries expense $ 8,425 63.000 925.000 22.000 26.100 76.800 35.400 4,462.500 392.560 Required 1. Identify and classify each of the costs above as either a product or period cost. 2. Classify each of the product costs as either direct materials, direct labor, or factory overhead. 3. Classify each of the period costs as either selling or general and administrative expenses. Using the data from Problem 18-2A and the inventory information for Leone Company below, complete Problem 18-3A the requirements below. Assume income tax expense is $233,725 for the year. Schedule of cost of goods manufactured Inventories and income statement; Raw materials, December 31, 2014 $166,850 inventory analysis Raw materials, December 31, 2015 182.000 P2 A1 Work in process, December 31, 2014 15.700 Work in process, December 31, 2015 19.380 Finished goods, December 31, 2014. 167,350 Finished goods, December 31, 2015 136,490 794 Chapter 18 Managerial Accounting Concepts and Principles Check (1) Cost of goods manufactured, $1,935,650 Required 1. Prepare the company's 2015 schedule of cost of goods manufactured. 2. Prepare the company's 2015 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses. Analysis Component 3. Compute the (a) inventory turnover, defined as cost of goods sold divided by average inventory, and (b) days' sales in inventory, defined as 365 times ending inventory divided by cost of goods sold, for both its raw materials inventory and its finished goods inventory. (To compute turnover and days' sales in inventory for raw materials, use raw materials used rather than cost of goods sold.) Discuss some possible reasons for differences between these ratios for the two types of inventories. Round answers to one decimal place