Required information Problem 01-3A 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 Row 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 $ 30,400 Direct labor 10,100 Income taxes expense 11,000 Indirect labor 33,400 Miscellaneous production costs 127,200 Office salaries expense 9,200 Raw materials purchases 38,000 Rent expense-office space Rent expense-Selling space 160,500 Rent expense-Factory building 182,000 Maintenance expense-Factory equipment 18,200 Sales 24,100 Soles salaries expense 163,400 136,600 $ 695,800 261,700 56,900 9,700 64,000 429,000 20,000 29,100 77,800 38,600 4,485,100 396,400 Problem 01-3A Part 2 2. Prepare the company's 2019 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses. LEONE COMPANY Income Statement For Year Ended December 31, 2019 Cost of goods sold Goods available for sale Cost of goods sold Operating expenses Selling expenses