Problem 14-3A (Algo) Schedule of cost of goods manufactured and income statement LO P1, P2 Using the following additional information for Leone Company, complete the requirements below. Raw materials inventory, beginning $ 130,000 Raw materials inventory, ending 135,000 Work in process inventory, beginning 39,000 Sales 2,239,000 Work in process inventory, ending 43,000 Finished goods inventory, beginning 55,800 Finished goods inventory, ending 63,000 Required: 1. Prepare the schedule of cost of goods manufactured for the current year, 2. Prepare the current year income statement. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the current year. LEONE COMPANY Schedule of Cont of Goods Manufactured For Year Ended December 31 Direct materials Raw matemals available for use LEONE COMPANY Schedule of Cont of Goods Manufactured For Year Ended December 31 Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 2 Prepare the current year income statement. LEONE COMPANY Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale Cost of goods sold