Required information The following selected account balances are provided for Delray Mfg. Sales $1,365,000 Raw materials inventory, Dec. 40,000 31, 2016 Work in process inventory, 59,800 Dec. 31, 2016 Finished goods inventory, Dec. 64,600 31, 2016 Raw materials purchases 164,700 Direct labor 237,000 Factory computer supplies used 23,900 Indirect labor 51,000 Repairs-Factory equipment 5,250 Rent cost of factory building 52,000 Advertising expense 103,888 General and administrative expenses 138, eee Raw materials inventory, Dec. 31, 2017 46,000 Work in process inventory, Dec. 31, 2017 42,600 Finished goods inventory, Dec. 68,700 31, 2017 Prepare its schedule of cost of goods manufactured for the year ended December 31, 2017 DELRAY MFG Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Direct materials Raw materials available for use 0 Direct materials used $ 0 Factory overhead: Total factory overhead costs Total manufacturing costs O 0 Total cost of work in process Cost of goods manufactured $ O Prepare an income statement for Delray Mfg. (a manufacturer). DELRAY MFG. Income Statement For Year Ended December 31, 2017 Cost of goods sold Cost of goods available for sale 0 Cost of goods sold 0 Operating expenses Total operating expenses Operating income 0 0 $