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The following year$-$end information is taken from the December $31$ adjusted trial balance and other records of Leone Company.

Advertising expense $ $57,000$

Depreciation expense$$Office equipment $36,000$

Depreciation expense$$Selling equipment $37,000$

Depreciation expense$$Factory equipment $79,000$

Raw materials purchases $($all direct materials$)890,000$

Maintenance expense$$Factory equipment $44,700$

Factory utilities $38,800$

Direct labor $516,000$

Indirect labor $77,000$

Office salaries expense $46,000$

Rent expense$$Office space $28,000$

Rent expense$$Selling space $67,000$

Rent expense$$Factory building $161,000$

Sales salaries expense $386,000$

Using the following additional information for Leone Company, complete the requirements below.

Raw materials inventory, beginning $ $178,000$

Raw materials inventory, ending $183,000$

Work in process inventory, beginning $53,000$

Sales $2,936,000$

Work in process inventory, ending $57,000$

Finished goods inventory, beginning $74,000$

Finished goods inventory, ending $82,000$

Required:

Prepare the schedule of cost of goods manufactured for the current year.

Prepare the current year income statement$\mathrm{.}1$