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Required information [The following information applies to the questions displayed below.] The following year-end information is taken from the December 31 adjusted trial balance and

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Required information [The following 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. Using the following additional information for Leone Company, complete the requirements below. Required: 1. Prepare the schedule of cost of goods manufactured for the current year. 2. Prepare the current year income statement. LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31 Direct materials \begin{tabular}{|l|r|} \hline & \\ \hline Raw materials available for use & \\ \hline & 0 \\ \hline \end{tabular} LEONE COMPANY Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale Cost of goods sold

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