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, 2017, adjusted triai 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 32,200 Direct labor s 693,200 247,900 58,100 10,000 70,000 968,000 27,000 28,300 76,100 38,600 4,555,700 390,300 8,300 Income taxes expense 10,200 Indireet labor 37,800 Miscellaneous production costs 117,700 office salaries expense 7,700 Raw materials purchases 32,000 Rent expense-Office space Rent expense-Selling space Raw materials, December 31, 2016 Raw materials, December 31, 2017 Work in process, December 31, 2016 Nork in process, December 31, 2017 Pinished goods, December 31, 2016 Pinished goods, December 31, 2017 152,000 Rent expense-Factory building 179,000 Maintenance expense-Factory equipment 17,200 Sales 20,400 Sales salaries expense 160, 500 141,900