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Required information [The following information applies to the questions displayed below. ] The following calendar yearend information is taken from the December 31, 2019, adjusted

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Required information [The following information applies to the questions displayed below. ] The following calendar yearend information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company. Advertising expense $ 29,900 Direct labor $ 685,700I Depreciation expenseOffice equipment 8,300 Income taxes expense 298,900 Depreciation expenseSelling equipment 10,100 Indirect labor 58,600I Depreciation expenseFactory equipment 34,900 Miscellaneous production costs 9,500 Factory supervision 104,100 office salaries expense 69,000I Factory supplies used 9,300 Raw materials purchases 943,000 Factory utilities 33,000 Rent expenseoffice space 29,000I Inventories Rent expenseSelling space 27,000 Raw materials, December 31, 2018 153,300 Rent expenseFactory building 78,700I Raw materials, December 31, 2019 191,000 Maintenance expenseFactory equipment 36,700 Work in process, December 31, 2013 15,800 Sales 4,586,900I Work in process, December 31, 2019 22,400 Sales salaries expense 398,700 Finished goods, December 31, 2018 167,000 I Finished goods, December 31, 2019 136,000 J Cost of goods sold Goods available for sale Cost of goods sold Operating expenses Selling expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total operating expenses Income before taxes

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