Problem 14-3A Schedule of cost of goods manufactured and income statement; inventory analysis LO P2, A1 [The following information applies to the questions displayed below.] The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company. Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory utilities Inventories Raw materials, December 31, 2018 Raw materials, December 31, 2019 Work in process, December 31, 2018 Work in process, December 31, 2019 Finished goods, December 31, 2018 Finished goods, December 31, 2019 $ 25,900 Direct labor 11,200 10,500 38,200 120,200 8,000 Income taxes expense Indirect labor Miscellaneous production costs Office salaries expense Raw materials purchases 38,000 Rent expense-Office space Rent expense-Selling space 154,000 Rent expense-Factory_building 184,000 Maintenance expense-Factory equipment 19,600 Sales 19,600 Sales salaries expense 162,300 137,600 $ 694,600 285,200 59,600 10,400 60,000| 951,000 27,000| 28,200 77,000| 35,500 4,466,400 390,800