Required information [The following information applies to the questions displayed below] The following calendar year-end information is taken from the December 31, 2017, 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 691,200 260,700 57,500 11,300 64,000 967,000 25,000 28,900 80,500 36,300 4, 545,000 398,100 $ 28,400 Direct labor 7,900 Income taxes expense 10,900 Indirect labor 30,500 Miscellaneous production costs 143,000 Office salaries expense 8,400 Raw materials purchases 37,000Rent expense-Office space Rent expense-Selling space Raw materials, December 31, 2016 Raw materials, December 31, 2017 Work in process, December 31, 2016 Work in process, December 31, 2017 Finished goods, December 3, 2016 Finished goods, December 31, 2017 167,200 Rent expense-Factory building 186,000 Maintenance expens e-Factory equipment 16,700 Sales 24,400 Sales salaries expense 161,200 138,900