Prepare the current year income statement. Prepare the current year income statement. Prepare the schedule of cost of goods manufactured for the current year. [The following information applies to the questions displayed below.] The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. equired: lentify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory verhead. If a period cost, classify it as a selling expense or a general and administrative expense. ote: Leave no cell blank. Enter "NA - Not a product cost" or "NA - Not a period cost" for expenses that are not product cost or eriod cost. Prepare the current year income statement. Using the following additional information for Leone Company, complete the requirements below. Raw materials inventory, beginning Raw materials inventory, ending Work in process inventory, beginning Sales Work in process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending $184,000189,00055,0003,006,00059,00077,00085,000