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 Depreciation expense-Office equipment $ 30,0 ,800 Depreciation expense-Selling equipment 10 , 80 Depreciation expense-Factory equipment 52, 80 Raw materials purchases (all direct materials) Maintenance expense-Factory equipment 620, Bee Factory utilities 33,40 Direct labor 405, 080 Indirect labor 61, 080 Office salaries expense 37, 808 Rent expense-office space Rent expense-selling space 53, 808 Rent expense-Factory building 127, 090 sales salaries expense 305, 000 Using the following additional Information for Leone Company, complete the requirements below. Raw materials inventory, beginning 124, 808 Raw materials inventory, ending 129, ee work in process inventory, beginning Sales , 144, Bee Work in process inventory, ending 41, ee Finished goods inventory, beginning 52, ee Finished goods inventory, ending 60, 020 Required: 1. Prepare the schedule of cost of goods manufactured for the current year. . Prepare the current year Income statement.Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the current year. LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31 Direct materials Advertising expense Depreciation expense-Office equipment Raw materials available for use 0 Direct materials used S Direct labor Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured S Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the current year income statement. LEONE COMPANY Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale 0 Cost of goods sold 0 0