Preparing the company's 2017 income statement.

Advertising expense $ 32 180 Direct labor 693, 400 Depreciation expense Office equipment Income taxes expense 293, 500 Depreciation expense Selling equipment Indirect labor 55, 200 Depreciation expense Factory equipment Miscellaneous production costs 9, 780 Factory supervision 134,49e Factory supplies used office salaries expense 73, 980 9 . See Raw materials purchases 942, 680 Factory utilities Rent expense Office space Inventories Raw materials, December 51, 2016 Rent expense Selling space 30, 680 Raw materials, December 81, 2017 166 age Rent expense Factory building 82,dag work in process, December 31, 2816 Maintenance expense Factory equipment 39,708 work in process, December 31, 2017 17 1ge Sales 4, 575, See Sales salaries expense 390, 280 Finished goods, December 31, 2015 167 Bee Finished goods, December 31, 201, 143 . See . Prepare the company's 2017 income statement that reports separate categories for (a) selling expenses and (b) general and dministration expenses. LEONE COMPANY Income Statement For Year Ended December 31, 2017 Cost of goods soid Goods available for sale Cost of goods sold Operating expenses Selling expenses Total selling expenses General and administrative expenses Tote general and administrative expenses Total operating expenses Income cefpre tax es