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. Advertising expense $ 34, 000 Depreciation expense-Office equipment 13, 000 Depreciation expense-Selling equipment 14, 000 Depreciation expense-Factory equipment 56, 000 Raw materials purchases (all direct materials) 660,000 Maintenance expense-Factory equipment 37 , 800 Factory utilities 34, 200 Direct labor 424,000 Indirect labor 64, 000 Office salaries expense 38, 000 Rent expense-Office space 23, 000 Rent expense-Selling space 55,000 Rent expense-Factory building 132,000 Sales salaries expense 317, 000 Using the following additional information for Leone Company, complete the requirements below. Raw materials inventory, beginning $ 132, 000 Raw materials inventory, ending 137, 000 Work in process inventory, beginning 40, 000 Sales 2, 262, 000 Work in process inventory, ending 44, 000 Finished goods inventory, beginning 56, 000 Finished goods inventory, ending 64, 000 Required: 1. Prepare the schedule of cost of goods manufactured for the currentyear. 2. Prepare the current year income statement