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 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 $ 30,400 Direct labor 8.700 Income taxes expense 10,300 Indirect labor 35, 100 Miscellaneous production costs 104,200 office salaries expense 9.000 Raw materials purchases 45,000 Rent expense office space Rent expense-Selling space 158,500 Rent expense-Factory building 187.000 Maintenance expense-Factory equipment 18, 200 Sales 21,200 Sales salaries expense 161,209 137, 700 $ 680,800 254,400 59, 100 10,400 64,000 927,000 29.000 25, 100 81,000 36, 700 4,456, 600 395, 300 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 $4456,600 Sales Cost of goods sold Cost of goods mandactured Goods available for sale . Cost of goods sold 4456 500 Operating expenses Selling expenses Jenny penses Total selling expenses General and administrative expenses 0 0 Total general and administrative expenses Total operating expenses Income before taxes 0 4,456,600 Net income $ 4,456,600