Sales	7,500,000
Inventory-January 1
Raw materials	200,000
Goods in process	240,000
Finished goods	360,000
Inventories-December 31
Raw materials	280,000
Goods in process	170,000
Finished goods	300,000
Accounting and legal fees	150,000
Advertising	160,000
Delivery expenses	200,000
Depreciation-machinery	60,000
Depreciation-office equipment	40,000
Depreciation-store equipment	70,000
Direct labor	950,000
Earthquake loss	300,000
Factory supplies used	110,000
Gain from expropriation of asset	100,000
Gain on sales of equipment	100,000
Income tax expense	320,000
Indirect labor	250,000
Interest income	10,000
Light, heat and power	320,000
Office expenses	250,000
Office salaries	150,000
Purchases	3,000,000
Rent-factory building	120,000
Repair and maintenance-machinery	50,000
Sales return and allowance	50,000
Sales salaries	400,000
Superintendence	210,000
Required:
Prepare a multiple-step-income statement with supporting statement of cost of goods sold manufacturing.