Req u ired informatlo n {The following information applies to the questions displayed below] The following year-end information is taken from the December 3'l adjusted trial balance and other records ofLeone Company. Advertising expense S 51,000 Depreciation expenseOffice equipment 30,000 Depreciation expenseSelling equipment 31,000 Depreciation expenseHFactory equipment T3,000 Raw materials purchases (all direct materials] 530,000 Maintenance expenseFactory equipment 42,900 Factory utilities 37,600 Direct labor 492,000 Indirect labor 14,000 Office salaries expense 44,000 Rent expenseOffice space 26,000 Rent expenseSelling space 62,000 Rent expenseFactory building 149,000 Sales salaries expense 353,000 Required: Identify each cost as either a product cost or a period cost. lfa product cost, classify it as direct materials. direct labor. or factory overhead. Ifa period cost, classify it as a selling expense or a general and administrative expense. [Leave no cell blank. Enter \"NA - Not a product cost" or "NA - Not a period cost\" for expenses that are not product cost or period cost} Required: Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. If a period cost, classify it as a selling expense or a general and administrative expense. (Leave no cell blank. Enter \"NA - Not a product cost" or \"NA - Not a period cost\" for expenses that are not product cost or period cost.) 1. Advertising expense . Depreciation expenscLOice equipment Depreciation expenseSelling equipment Depreciation emns&Fadcw equipment Raw materials purchases (all direct materials} Maintenance expenseFactory equipment Factory utilities Direct labor 9. Indirect lab-or 10. Ofce salaries expense 9334999?\" 11. Rent expenstFOfce space 12. Rent expenseSelling space 13. Rent expenschFactcry building 14. Sales salaries expense Prepare the schedule of cost of goods manufactured for the current year. Direct materials _ Raw materials available for use = Direct materials used =$ Total factory overhead Total manufacturing costs Total cost of work' In process _ Cost of goods manufactured Required 1 Required 2 Prepare the current year 1ncome statement. Cost of goods sold _ Goods available for sale . Cost of goods sold _