Problem 18-7A Manufacturing and income statements; 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, 2013. oduusted trial balance and other records of DeLeon Company. Advertising expense 32.000 Direct labor 689,500 Depreciatlon expense-Office equlpment 8.400 Income taxes expense 282,300 Depreciation expense-Sellng equlpment 10.200 Indirect labor 58100 Depreciation expense-Factory equipment 31,600 Miscellaneous production costs Factory supervision 136.800 Office salaries expense 11,500 68,000 Factory supplies used 8.500 Raw materials purchases 931.000 Factory utilities 41,000 Rent expense-Office space 20,000 Inventories Rent expense-Sell ng space 26.100 Raw materials, December 31, 2012 160.000 Rent expense-Factory bullding 78,100 Raw materials, December 31, 2013 186.000 Maintenance expense-Factory equipment 37800 Goods In process. December 31, 2012 17600 Sales 4,650,000 Goods In process, December 31, 2013 23,500 Sales discounts 63.700 Finished goods. December 31, 2012 162,500 Sales salaries expense 392,100 Finished goods. December 31, 2013 137,500