Supervisor and indirect labor $127,000 Supplies and indirect Materials 14,000 Work in process, jan. 1 135,000 Work in process, dec 31 142,000 Administrative costs 304,000 Depreciation, manufacturing 103,000 Direct labor 482,000 Finished goods inventory, jan. 1 160,000 Finished goods inventory, dec 31 147,000 Heat, light, and power 87,000 Marketing costs 272,000 Miscellaneous manufacturing costs 12,000 Plant maintenance and repairs 74,000 Raw materials purchases 313,000 Raw materials inventory, jan 1 102,000 Raw materials inventory, dec 31 81,000 Sales revenue 2,036,000 Required: Prepare an income statement with a supporting schedule of cost of goods sold.