Saved Required information Problem 14-3A Schedule of cost of goods manufactured and income statement; inventory analysis LO P2, A1 [The following information applies to the questions displayed below) The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company Advertising expense Depreciation expense office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory utilities Inventories Raw materials, December 31, 2018 Raw materials, December 31, 2019 Work in process, December 31, 2018 Work in process, December 31, 2019 Finished goods, December 31, 2018 Finished goods, December 31, 2019 $ 25,400 Direct labor 10,500 Income taxes expense 10,900 Indirect labor 34,900 Miscellaneous production costs 118,400 office salaries expense 9,800 Raw materials purchases 34,000 Rent expense-office space Rent expense-selling space 167,200 Rent expense-Factory building 193,000 Maintenance expense-Factory equipment 16,400 Sales 21,000 Sales salaries expense 166,100 143,000 $ 687,300 237,200 58,200 11,500 73,000 955,000 28,000 29,600 80,300 35,400 4,565,600 397,500 roblem 14-3A Part 2 Prepare the company's 2019 income statement that reports separate categories for (a) selling expenses and (b) general and ministrative expenses. Income Statement For Year Ended December 31, 2019 Cost of goods sold Goods available for sale 0 Cost of goods sold 0 0 Operating expenses Selling expenses 0 Total selling expenses General and administrative expenses 0 Total general and administrative expenses Total operating expenses Income before taxes 0 0 Netinenme 0