Save Homework: Homework 1 - Chapter 2 accountil Score Score: 0 of 4 pts + 2 of 3 (0 complete) E2-22A (similar to) HW Score: 0%, 0 of 10 pts IE Question Help carries no inventory Following is a list of selected account Backyard Fashions is a manufacturer of backyard and deck furniture its products are in high demand and balances from its trial balance for the most recent year ended December 31 (In no particular order) (Click the icon to view the December 31 account balances) Read the requirements Test Requirement 12.3, and 4. To solve for the amounts required, prepare the income statement for Backyard Fashions for the year ended December 31 Backyard Fashions Income Statement For the Year Ended December 31 Choose from any store any ben the notes and then click Check Ansa Check All parts showing Clear Al December 31 Account Balances - X iture. It ....5 Salaries and wages (for administrative and sales staff). Stain (used in manufacturing furniture) ... Indirect labor costs (wages of maintenance workers in factory) ...... .......$ Other manufacturing overhead (includes factory insurance and property taxes). $ Rent and utilities (for administrative offices) Utility costs (related to factory). Labor costs (wages of carpenters who build furniture) Accounts receivable Marketing costs Wood (used in manufacturing furniture). Sales revenues Accounts payable is so in s 33,000 9,500 18,000 9,400 12,400 11,000 35,000 27,200 17,100 57,000 280,000 7,300 $ 5 Print Done and then click Check