Required information The following selected account balances are provided for Delray Mfg. Sales $ 1,036,000 Raw materials inventory, beginning 37,000 Work in process inventory, beginning 51,400 Finished goods inventory, beginning 65,800 Raw materials purchases 159,000 Direct labor 231,000 Factory supplies used (indirect materials) 20,500 Indirect labor 43,000 RepairsFactory equipment 5,250 Rent cost of factory building 51,000 Advertising expense 106,000 General and administrative expenses 127,000 Raw materials inventory, ending 42,700 Work in process inventory, ending 44,200 Finished goods inventory, ending 68,200 Prepare an income statement for Delray Mfg. (a manufacturer).