Required information [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. $ 677,500 257,100 56,700 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 Raw 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 $ 29,400 Direct labor 10,300 Income taxes expense 10,300 Indirect labor 39,700 Miscellaneous production costs 123,700 Office salaries expense 8,000 Raw materials purchases 42,000 Rent expense-Office space Rent expense-Selling space 150,600 expense-Factory building 193,000 Maintenance expense-Factory equipment 15,400 Sales 23,000 Sales salaries expense 10,700 64,000 967,000 29,000 27,200 82,400 36,600 4,586,400 394,200 Rent 160,100 144,700 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 0 Cost of goods sold 0 0 Operating expenses Selling expenses Total selling expenses 0