Required: 1. Prepare the schedule of cost of goods manufactured for the current year. 1 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 veer. leEE't materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost ofworkin process _- Cost ofgoods manufactured 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 current year income statement. LEONE COMPANY Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale 0 Cost of goods sold 0 0Required information File foiiowing information applies to the questions displayed below] The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Advertising expense $ 49,999 Depreciation expenseOffice equipment 19,999 Depreciation expenseSelling equipment 29,999 Depreciation expenseFactory equipment 52,999 Raw materials purchases (all direct materials) ?29,999 Maintenance expenseFactory equipment 39,599 Factory utilities 35,499 Direct labor 448,999 Indirect labor 5?,999 Office salaries expense 49,999 Rent expenseOffice space 24,999 Rent expenseSelling space 58,999 Rent expenseFactory building 139,999 Sales salaries expense 334,999 Using the following additional information for Leone Company, complete the requirements below. Raw materials inventory, beginning $ 144,999 Raw materials inventory, ending 149,999 Work in process inventory, beginning 43,999 Sales 2,435,333 Work in process inventory, ending 4?,999 Finished goods inventory, beginning 59,999 Finished goods inventory, ending 58,999 Required: 1. Prepare the schedule of cost of goods manufactured for the current year. 2. Prepare the current year income statement