The Fiberglass Boat Company reported the following costs and expenses in May 2021:Factory utilities$ 12,865Direct labor$172,450Depreciation on factorySales staff salaries52,980equipment7,320Property taxes on factory Depreciation on delivery trucks2,755building1,200Indirect factory labor48,925Repairs to office equipment635Indirect materials27,566Factory repairs5,825Direct materials used205,935Advertising12,900Factory manager's salary14,500Office supplies used1,963Instructions1. Prepare a schedule as shown in the example below, listing each item above, including its dollar amount, under the proper classification heading. 2. Total each classification to show the total of all costs and expenses under each one.