Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Use the following selected account balances of Delray Manufacturing for the year ended December 31. Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor Indirect labor Repairs-Factory equipment $ 900,000 40,000 52,000 68,000 184,000 221,000 33,000 26,000 Rent cost of factory building 52,000 Selling expenses 83,000 General and administrative expenses 133,000 Raw materials inventory, ending 48,000 Work in process inventory, ending 62,000 82,000 Finished goods inventory, ending Exercise 14-13 (Algo) Preparing schedule of cost of goods manufactured LO P2 Prepare its schedule of cost of goods manufactured for the year ended December 31. DELRAY MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31 Sales Cost of goods sold: DELRAY MANUFACTURING Income Statement For Year Ended December 31 Goods available for sale Cost of goods sold Net income 59 $ 0 900,000 $ SA 0 0